John Faraclas
The Stock Markets opened in red in the Mighty Continent following the Far East’s fall. Is it the Trade War? Is it Ms Lagarde’s statement that the stock market valuations have been extremely high?
How this will affect the shipping freight rates – BDI etc etc? Are we going to witness...
http://www.allaboutshipping.co.uk/2018/10/11/whats-up-with-the-markets/
John Faraclas
Despite the fact that the World Stock Markets dive the odd happened and the Shipping Markets are all in black. Geopolitics though in …red. John Faraclas’ brief market recap:
The BDI@1,515 +22 points; pinch me…
The Capes’ BCI up 56 at 2,005 surpassing the 2,000 point threshold…
The Panamaxes’ BPI gained 14 points and now reads 1,763
Supras’ BSI clinched another two points and now stand at 1,207 points…
“Rich pickings” for the Handies’ BHSI with an extra five points now at 652
The Wets on...
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Italian government bonds remained under pressure early yesterday but market sentiment improved somewhat around lunchtime following Economy Minister Giovanni Tria’s pledge that he will do whatever is necessary to restore calm if market turbulence turns into a financial crisis. However, a number of risks lie ahead. In FX markets, the GBP was firmer across the board on press reports conveying that the EU and the UK have narrowed their...
Start-up companies often have family and friends as a source of capital and as shareholders. The new Family & Friends list will enable companies for which this is the case to acquire new owners and investors, and will facilitate access to trading shares in such companies.
Family & Friends represents the first step towards the marketplaces operated by Oslo Børs and is...
John Faraclas
The BDI (Baltic Dry Index) lost 27 points since yesterday and if same goes below the 1,500 point-threshold it will be an issue. Geopolitics equalise the theatre of the absurd! John Faraclas’ brief report:
The Capes did it again; falling 81 points and going well below the 2,000 points threshold is a worrying issue but we are all used of this size’s volatility. At 1,961 the BCI is still “sustainable”…
Minor losses for the Panamaxes BPI now at 1,747 – minus two points..
Good to see the Su...
http://www.allaboutshipping.co.uk/2018/10/09/falling-bdi1503-a-concern/
John Faraclas
The BDI (Baltic Dry Index) fell another ten points losing the threshold of the 1,500 points but doesn’t look too worrying unless… The Geopolitics on the same level as yesterday with the Economic mess ready to engulf Planet Ocean and make the World suffer for another ten years. John Faraclas’ midweek recap:
The Capes’ BCI was down 12 points and now stands at 1,949…
The Panamaxes BPI clinched two points and now reads 1,749…
Supras continued its upwards move with the BSI gaining two...
http://www.allaboutshipping.co.uk/2018/10/10/contained-losses-with-the-bdi1493/
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: In an update to its World Economic Outlook, the IMF revised downwards its global economic growth forecast for 2018 and 2019 on the back of rising trade tensions and a weaker outlook for some key emerging and developing economies. Meanwhile, sings of deteriorating diplomatic relations between the US and China are mounting. Against this background, the JPY retained a firm tone across the board. Elsewhere, USTs resumed trading today...
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: In a letter sent to the Italian government late on Friday in response to the release of the Update to the Economic and Financial Document 2018 published one day before, the European Commission expressed concern that the budget deficit targets for 2019-2021 appear to point to a significant deviation from the EU fiscal rules. In other news, 10-yr US yields rose to a fresh seven-year high close to 3.25% on Friday in reaction to non-farm...
Bente A. Landsnes has been President and CEO of Oslo Børs and Oslo Børs VPS since January 2006. She wishes to depart in 2019 in accordance with her employment contract.
“Oslo Børs and the group as a whole are well positioned, which is a good starting point for recruiting a new head. The capital markets and...
John Faraclas
The BDI (Baltic Dry Index) lost six points earlier on today, a rather contained fall thanks to the Panamaxes upwards “trend” as the Capes’ fall triggers worries… Geopolitics go bankrupt… John Faraclas’ brief market recap:
The Capes’ BCI lost 39 points and now stand at 2,042, CAUTION…
The Panamaxes’ BPI gained 22 points and now reads 1,749…
Good news for the Supras’ BSI now over and above the 1,200 threshold with four points plus now reading 1,201
The Handies did it again and the...
http://www.allaboutshipping.co.uk/2018/10/08/bdis-contained-fall-at-1530/