Delta Strain

GLOBAL & REGIONAL DAILY (Friday, 9 July 2021)

GLOBAL & REGIONAL DAILY (Friday, 9 July 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 9  2021

Global Markets

Risk-off sentiment prevailed in global equity markets earlier today amid mounting concerns that the rapid spread of the Delta strain could derail the global economic recovery. The JPY gained, favored by its safe-haven appeal, while USTs retained most of recent hefty gains.

Greece

According to ELSTAT, the total value of goods imports in May 21 increased by 48.5%YoY and the total value of goods...

https://allaboutshipping.co.uk/2021/07/09/global-regional-daily-friday-9-july-2021/

Capes’ fall: a tempo hiccup or a summer lasting situ? Wets still in limbo. Worsening Geopolitics and Covid will cause Chaos and Catastrophe.

Capes’ fall: a tempo hiccup or a summer lasting situ? Wets still in limbo. Worsening Geopolitics and Covid will cause Chaos and Catastrophe.

John Faraclas

Thanks to the Panamaxes’ triple digit rise that “saved” the overall picture and the BDI (Baltic Dry Index) lost just 45 points and now stands at 3,338 – as the Capes’ loss of 241 points was for many “unexpected”. Wets still a liability. Geopolitics and the Coronavirus Anathema will lead our society to a despicable mess – Chaos and Catastrophe. J...

https://allaboutshipping.co.uk/2021/07/01/capes-fall-a-tempo-hiccup-or-a-summer-lasting-situ-wets-still-in-limbo-worsening-geopolitics-and-covid-will-cause-chaos-and-catastrophe/

Capes’ hiccups an issue or a tempo situ for the BDI? Wets fall further. Geopolitics and Covid will bother us for the foreseeable future…

Capes’ hiccups an issue or a tempo situ for the BDI? Wets fall further. Geopolitics and Covid will bother us for the foreseeable future…

John Faraclas

The BDI (Baltic Dry Index) was down 35 points since yesterday losing the 3,400 points threshold, thanks to a massive fall by the Capes… Wets a big issue… Mind the Geopolitical issues and Covid’s Delta strain. John Faraclas’ midweek brief recap:

The BDI at 3,383 is still more than safe – anything above 2,000 points is profit!

The volatile Capes did...

https://allaboutshipping.co.uk/2021/06/30/capes-hiccups-an-issue-or-a-tempo-situ-for-the-bdi-wets-fall-further-geopolitics-and-covid-will-bother-us-for-the-foreseeable-future/