John Faraclas
Markets: volatility rules the day
Unprecedented ups and sudden downs brings the BDI to a triple digit level following the Capes’ “euphoria”. Geopolitics might turn, as we have warned you in writing, sour. John Faraclas’ daily and weekly recap:
The BDI (Baltic Dry Index) was down 47 points and now stands at 985 bringing the sort lived 1,032 points – and indeed the four digit to even a temporary end… On a weekly though basis the BDI was up 96 points from last Friday the 26th of April...
http://www.allaboutshipping.co.uk/2019/05/03/markets-volatility-rules-the-day/