HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The Federal Reserve raised the fed funds rate by a further 25bps to a range of 2.25%-2.50% at this week’s two-day meeting which…
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In its updated economic outlook report released yesterday, the OECD said that the global expansion has peaked and revised lower its global GDP…
The BDI (Baltic Dry Index) clinches five much needed points – thanks to the “everlasting” Capes’ volatility and now stands at 1,008 points. Geopolitics in red! John Faraclas’ daily briefing:…
The BDI (Baltic Dry Index) ended the day with yet another fall; at 1,009 – minus 55 might soon create one of the biggest disasters in shipping’s recent history if it…
The BDI (Baltic Dry Index) lost 61 points earlier on today sending alarms around as the Capes … “returned” to triple digit losses. Geopolitics still critical and everything in the…