Markets

Daily Overview of Global Markets & the SEE Region (Monday, 22 April, 2019)

Daily Overview of Global Markets & the SEE Region (Monday, 22 April, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:   Oil prices surged earlier today on press reports conveying that, as of 2 May, the US will no longer grant sanctions waivers to any country that is currently importing Iranian crude. Brent crude was 2.4% higher on the day at the time of writing, hitting a fresh year-to-date peak of $74.3 per barrel. Following the Good Friday holiday, financial markets in many...

http://www.allaboutshipping.co.uk/2019/04/22/daily-overview-of-global-markets-the-see-region-monday-22-april-2019/

Daily Overview of Global Markets & the SEE Region (Friday, 19 April, 2019)

Daily Overview of Global Markets & the SEE Region (Friday, 19 April, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:  Eurozone government yields are poised for their biggest one-day decline in three weeks after Euro area April flash PMIs released yesterday disappointed, suggesting that economic activity remained week at the beginning of Q2. Composite PMI fell to 51.3 from 51.6 in March, confounding expectations for an improvement to 51.8. The fall was driven by weaker...

http://www.allaboutshipping.co.uk/2019/04/19/daily-overview-of-global-markets-the-see-region-friday-19-april-2019/

Fed running out of monetary ammunition, Infrastructure Investor Japan Korea Week

Fed running out of monetary ammunition, Infrastructure Investor Japan Korea Week

Commentary: Fed running out of monetary ammunition

By Desmond Lachman in Washington

It is clear that President Donald Trump’s administration is not concerned with whether the US will have enough resources left to fight the next downturn. The president’s quest for an ultra-easy monetary policy at this late stage in the economic cycle might cause the US economy to overheat and thereby rekindle inflation. Moreover, it...

http://www.allaboutshipping.co.uk/2019/04/18/fed-running-out-of-monetary-ammunition-infrastructure-investor-japan-korea-week/

The BDI@767: a pre-Easter Market “upturn”?

John Faraclas

The BDI@767: a pre-Easter Market “upturn”?

The BDI (Baltic Dry Index) gained a good 18 points earlier on today and slowly slowly begins to climb up from the very lows of the last two months… The Wets too are trying… Geopolitics look blur but nobody gives the pope attention until the boat sinks; John Faraclas’ brief recap:

The Capes’ BCI got a single digit plus – four points and now stand at 463 points… Long way to go until the loading situ after the Brazilian disaster is rectified…

The...

http://www.allaboutshipping.co.uk/2019/04/18/the-bdi767-a-pre-easter-market-upturn/

Daily Overview of Global Markets & the SEE Region (Thursday, 18 April 2019)

Daily Overview of Global Markets & the SEE Region (Thursday, 18 April, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:  Focus today is on the release of April PMIs for the manufacturing and services sector in the Eurozone for more clues over the economic growth outlook.  Awaiting the data, EMU core government bond prices were relatively higher on the day with the 10-yr Bund yield hovering around 0.075% at the time of writing after surpassing temporarily yesterday the 0.10%...

http://www.allaboutshipping.co.uk/2019/04/18/daily-overview-of-global-markets-the-see-region-thursday-18-april-2019/

The BDI@790… a happy note before Easter

John Faraclas

The BDI@790… a happy note before Easter 

The BDI (Baltic Dry Index) gained another 23 points earlier on today and looks likely same will go over and above the 800 points; let’s hope so! Geopolitics more than perplexed. John Faraclas’ brief daily recap:

The Capes after yesterday’s four points rise saw its BCI up 27 points and now at 490 looks certain unless cursed to go over the 500 points.

The Panamaxes’ BPI clinched 15 points; clinched as yesterday the gains were 28 points… The BPI...

http://www.allaboutshipping.co.uk/2019/04/18/the-bdi790-a-happy-note-before-easter/

The BDI@749… amid Geopolitical uncertainty…

John Faraclas

The BDI@749… amid Geopolitical uncertainty…

The BDI (Baltic Dry Index) gained 11 points earlier on today. The Geopolitical situation remains uncertain. John Faraclas’ brief daily recap:

The Capes’ BCI was up 14 points at 459…

A good …“catch” for the Panamaxes’ BPI now at 1,119 points…

The Supras managed to gain four points and now the BSI stands at 718…

Further, but minor losses for the Handies’ BHSI now at 397 points – minus two…

The Wets on a stagnant and falling mode; the last...

http://www.allaboutshipping.co.uk/2019/04/16/the-bdi749-amid-geopolitical-uncertainty/

Daily Overview of Global Markets & the SEE Region (Wednesday, 17 April, 2019)

Daily Overview of Global Markets & the SEE Region (Wednesday, 17 April, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:  Yields of US Treasuries and German Bunds continued to move higher, in reaction to a string of better-than-expected data from China earlier today. Turning to FX markets, lacking clear direction, the EUR/USD continued to struggle around the 1.1300 area. In terms of data releases, focus today is on the final March euro area inflation figures. The flash report...

http://www.allaboutshipping.co.uk/2019/04/17/daily-overview-of-global-markets-the-see-region-wednesday-17-april-2019/

Daily Overview of Global Markets & the SEE Region (Tuesday, 16 April, 2019)

Daily Overview of Global Markets & the SEE Region (Tuesday, 16 April, 2019)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS:  European equity markets opened marginally in the black earlier today and Asian bourses closed near recent multi-month highs amid hopes of stabilization in the Chinese economy following positive export and credit growth data releases earlier this week. Market optimism that a US/China comprehensive trade deal could be sealed in the near future, also underpinned...

http://www.allaboutshipping.co.uk/2019/04/16/daily-overview-of-global-markets-the-see-region-tuesday-16-april-2019/

The BDI@738: a good start for the market’s resurrection?

John Faraclas

The BDI@738: a good start for the market’s resurrection?

The BDI (Baltic Dry Index) gained 12 points and now stands at 38; a good start for the market’s resurrection… Geopolitics still might produce upheavals in all fronts… John Faraclas’ daily recap:

The Capes’ BCI was up 27 points and now stands at 445!

The Panamaxes BPI at 1,092 – plus 19 points

Minimal gains but gains for the Supras’ BSI now at 714 plus three points.

The Handies’ BHSI as expected lost the 400 points threshold and...

http://www.allaboutshipping.co.uk/2019/04/15/the-bdi738-a-good-start-for-the-markets-resurrection/

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