It looks like being another down day for Australian stockmarkets as investors worry about the impact of the US sell off after the Fed cut rates, and the lack of clear cut leadership from the ASX on the situation of troubled margin lending broker, Tricom, writes Glenn Dyer.
London exchange
Shipping index predicts decline in global trade
The Baltic Dry Index, a measure of shipping costs for commodities, experienced its its biggest fall since 1989 last Friday, as the market anticipated lower demand for shipping this year, writes Glenn Dyer.
