Markets

Daily Overview of Global Markets & the SEE Region (Tuesday, October 2, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Market concerns about escalating tensions between the Italian government and the EU are mounting. 10-yr Italian government bond yields rose further in early European trade on Tuesday hitting a 4½  year high of 3.44% while the EUR remained under pressure marking an intraday low of 1.1523 against the USD earlier today, the lowest since 21 August. No major data releases are due for release today with market focus turning to a speech by...

http://www.allaboutshipping.co.uk/2018/10/02/daily-overview-of-global-markets-the-see-region-tuesday-october-2-2018/

Capes’ volatility might shake the Markets…

John Faraclas

The BDI (Baltic Dry Index) gained another 15 points earlier on today and now stands at 1,570; the Geopolitics are turning sour! Ultra-CAUTION should be observed. John Faraclas’ daily briefing:

The Capes increased its fortunes by another 87 points and now the BCI reads 2,148 points…

On the antipode the Panamaxes BPI fell 14 points and now stands at 1,678 points, increasing its fall from the previous days…

The Supras’ BSI lost four points and now at 1,189 maintains a safe margin so to...

http://www.allaboutshipping.co.uk/2018/10/02/capes-volatility-might-shake-the-markets/

Fed moves to a hawkish consensus, Executive Programme in Gold Reserves Management

Commentary: Fed moves to a hawkish consensus

By Darrell Delamaide in Washington

At the Federal Reserve, the doves are flocking to the hawk side of the perch as a consensus grows that policy-makers should temper robust US growth with a steady increase in interest rates, reflecting strong growth, low unemployment and inflation approaching the Fed’s 2% target.

The 16 members of the Federal Open Market Committee have raised their expectations for US growth both this year and next, with Fed presidents...

http://www.allaboutshipping.co.uk/2018/10/01/fed-moves-to-a-hawkish-consensus-executive-programme-in-gold-reserves-management/

Daily Overview of Global Markets & the SEE Region (Monday, October 1, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Market concerns about Italy’s public finances stability prevail. Against this background, investors continued to demand a higher credit risk premium on Italian government bonds while the EUR/USD was hovering in early European trade within distance from Friday’s two-week intraday low of 1.1566. Elsewhere, the CAD was among the main outperformers in FX markets on news that Canada was to join the US and Mexico to form a revised NAFTA...

http://www.allaboutshipping.co.uk/2018/10/01/daily-overview-of-global-markets-the-see-region-monday-october-1-2018/

Dry, Wet and Geopolitics hiccups…

John Faraclas

The BDI (Baltic Dry Index) was up 15 points standing at 1,555 thanks to the Capes; Geopolitics deteriorate dangerously… John Faraclas’ daily briefing:

Here we go again with all the Dry Indices either falling or with minimal positive changes; the Capes’ BCI though was up 61 points and now reads 2,061!

The Panamaxes’ BPI lost three points and now stands at 1,692…

The Supras’ BSI was down one point at 1,193 and the Handies’ BHSI clinched a point now reading 630 points.

So once again we...

http://www.allaboutshipping.co.uk/2018/10/01/dry-wet-and-geopolitics-hiccups/

The Market: who’s in?

John Faraclas

The BDI  (Baltic Dry Index) ended up at 1,540 points earlier on today which is 16 points plus since yesterday and 127 points since last week when it clocked 1,413 points.  The Geopolitical situation looks like as depicts the Before the Storm …environment so to speak. John Faraclas daily and weekly recap:

The Capes’ BCI reached the 2,000 mark threshold – up 51 points which is also 160 points plus since last week’s 1,840 points!

The Panamaxes’ BPI stood at 1,695 – six points plus!   ...

http://www.allaboutshipping.co.uk/2018/09/28/the-market-whos-in/

GAC UK opens new Dundee office in response to increasing offshore and renewables activity

Grangemouth, 28 September 2018 – GAC UK has opened its 19th branch, in the heart of Dundee harbour. Together with its long-established branches in Scotland at Aberdeen, Leith, Shetland, Invergordon, Orkney and Grangemouth, the new office enables GAC UK to better respond to the growing needs of its offshore and renewables client base in Scotland and beyond.

Adrian Henry, GAC UK’s General Manager – Oil, Gas & Renewables, says: “The addition of a quayside facility in the Port of Dundee to our...

http://www.allaboutshipping.co.uk/2018/09/28/gac-uk-opens-new-dundee-office-in-response-to-increasing-offshore-and-renewables-activity/

Daily Overview of Global Markets & the SEE Region (Thursday, September 27, 2018)

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: In line with market expectations, the Fed raised interest rates by 25bps at this week’s two-day monetary policy meeting which concluded late on Wednesday, taking the target range for the federal funds rate to 2.00%-2.25%. Changes to the post-meeting statement were minimal with one exception: the Committee removed the reference to the policy stance as “accommodative”. However, this has no implications for the Fed’s future rate...

http://www.allaboutshipping.co.uk/2018/09/27/daily-overview-of-global-markets-the-see-region-thursday-september-27-2018/

The BDI@1,524 …hooray hooray?

The BDI (Baltic Dry Index) clinched 21 points earlier on today greatly assisting the mood for the World Maritime Day! Geopolitics in perplexed jeopardy; ultra-caution should be observed. John Faraclas daily briefing:

The Capes’ BCI managed a good 39 points plus and now stands at 1,949 points..

A dozen points for the Panamaxes BPI  now reading 1,689…

Any point is more than welcomed and that happened with the Supras’ BSI  now at 1,195 an the Handies’ BHSI now at 627!

The Wets were both up; the last...

http://www.allaboutshipping.co.uk/2018/09/27/172386/

Contained rise for the BDI@1,450…

John Faraclas

The BDI’s rise earlier on today was more or less …trimmed with a 16 points plus whilst at the UN things were heating up… John Faraclas’ brief report:

All indices were on the plus but with minimal or no change…

The Capes’ BCI  rose just four points to 1,868…

The Panamaxes BPI gained 30 good points and now reads 1,639!

Five points were enough for the Supras’ BSI now at 1,190 points, a very enviable level compared with all other sizes fluctuations…

No change for the Handies’ BHSI;...

http://www.allaboutshipping.co.uk/2018/09/25/contained-rise-for-the-bdi1450/

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