Written by John O’Donnell, Online Trading Academy
The Chart of the Week
This week we discuss the strength of the global trade market as defined by the lease rates for 40′ freight containers and whether this and other indicators are pointing to a declining market.
Discussion of shipping container rates continues after the Read more >> jump.
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The chart below is the focus for this week’s discussion.
Source: YouTube
Editor’s note: For more discussion on shipping containers, see Weekly Economic Release Summary: Major Coronavirus Damage To Logistics.
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