One of the main indicators of the global economy; The relationship between MSCI World Index, Baltic Dry Index, Oil Prices, Gold Prices, Dollar Index forms the map of the world economy. It is possible, albeit difficult, to make predictions about the future of world trade and price volatility by evaluating these five major global indices. You can examine the last five-year charts of these five major indices below.
You will see that although the macro-scale increase in world trade affects the four indices linearly, it develops an inverse relationship with the Dollar index.
Baltic Dry Cargo Index (BDI), which is calculated with dry cargo transportation data, which gives important clues about global trade, that is, whether the raw material trade around the world is in a decreasing or increasing trend, Brent Petroleum (BRENT), which guides the world oil market, both production and investment. Gold used as a tool, Dollar Index (DXY), which is one of the important economic indicators and used to calculate the value of the dollar against other currencies, MSCI (Morgan Stanley Capital International) World Index (MSCI World), one of the indicators used to measure the performance of global capital. comment on financial markets. These variables are macroeconomic indicators that provide important information on issues such as inflation, economic growth and world trade.
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