Archive for the ‘Finance’ Category
The BDI@1,727: Capes tumble; Geopolitics “await” the tsunami…
John Faraclas – picture by ecopack77
The BDI (Baltic Exchange Dry Index) clinched two points and now reads 1,727 amid an uncertain global political, economic and waring future. John Faraclas’ midweek briefing:
The Capes’ BCI lost 27 points and now stands at 3,560 points…
Good news for the...
August 15th, 2018 | Chartering, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More
Consequences of 2008, Assessing risks to global financial stability
Meghnad Desai
Commentary: Consequences of 2008
By Meghnad Desai in Goa
When the 2008 financial crisis came, few thought the ensuing recession would have such long-lasting consequences. But 10 years later, the fault lines previously hidden in the economic structure have become clear. Every trading regime...
August 15th, 2018 | Finance, Markets | Read More
Daily Overview of Global Markets & the SEE Region (Tuesday, August 14, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Global equity indices advanced on Tuesday, the US dollar retreated from its highest level in about 14 months while US Treasury yields edged higher, as the Turkish Lira was broadly stable overnight, though Chinese shares traded lower...
August 14th, 2018 | Banking, Finance, Markets, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Monday, August 13, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Global equity markets traded in the red on Monday as a plunge in the Turkish lira generated a sell-off in risky assets while boosting demand for safe haven currencies such as the Swiss franc, the yen and the US dollar. After losing...
August 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Global equity markets pulled back on Friday as turmoil in major emerging markets (the plunging Turkish lira, Sino-US trade conflict as well as US sanctions on Russia for election meddling) continued to dampen sentiment. In FX markets,...
August 10th, 2018 | Banking, Finance, Markets, Reports, Sanctions, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Thursday, August 9, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Asian equity markets traded mixed on Thursday, with China’s tech shares leading the gains amid news for possible government support to further open the domestic technology sector to foreigners. In FX markets, the Russian ruble plunged...
August 9th, 2018 | Banking, Finance, Markets, Reports, Shipfinance | Read More
Daily Overview of Global Markets & the SEE Region (Monday, August 6, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: The majority of Asian equity indices traded in the red on Monday amid escalating US/China trade tensions. China proposed on Friday retaliatory new tariffs (from 5% to 25%) on $60bn worth of US imported goods. Trying to counterbalance...
August 6th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Friday, August 3, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Shrugging off gains in Wall Street overnight on a technology-led rise, Asian equity indices traded mixed on Friday amid mounting trade war concerns. In response, the US dollar extended its overnight gains against a basket of major...
August 3rd, 2018 | Banking, Finance, News, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Thursday, August 2, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: In line with market expectations, the Fed maintained the target range for the fed funds unchanged at 1.75-2.00% at its August meeting. The FOMC upgraded its view of economic growth since June, noting that “economic activity has been...
August 2nd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Wednesday, August 1, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Wall Street closed in the red overnight for the third consecutive session as technology companies were further pressured, while Asian equity markets traded mixed on Tuesday after weaker-than-expected corporate profits announcements...
August 1st, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Tuesday, July 31, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Wall Street closed in the red overnight for the third consecutive session as technology companies were further pressured, while Asian equity markets traded mixed on Tuesday after weaker-than-expected corporate profits announcements...
July 31st, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Monday, July 30, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Mirroring Friday’s negative performance on Wall Street with the tech stocks underperforming on weaker-than-expected corporate reports, global equity markets traded in the red on Monday while major currencies consolidated around Friday’s levels...
July 30th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Friday, July 27, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: In line with market expectations following important policy decisions last month, the ECB monetary policy meeting yesterday proved to be a non-event for financial markets. At the post-meeting press conference, Mario Draghi reiterated...
July 27th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Thursday, July 26, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Global equity markets were higher in early European trade on Thursday supported by easing worries over a full-blown global trade war after EU Commission President Jean-Claude Juncker and US President Donald Trump reached a “major...
July 26th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Wednesday, July 25, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Core government bond yields retreated from Tuesday’s highs as market speculation that the BoJ will likely scale back its monetary stimulus at the next policy meeting on 30 July, faded. Furthermore, investors adopt a cautious tone...
July 25th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Diana Shipping announces the full repayment of the loan to Diana Containerships
DIANA SHIPPING INC. ANNOUNCES THE FULL REPAYMENT OF THE LOAN TO DIANA CONTAINERSHIPS INC.
ATHENS, GREECE, July 24, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 23, 2018, it received...
July 24th, 2018 | Company Profiles, Containers, Dry Bulkcarriers, Finance, Markets, News, Shipfinance | Read More
Daily Overview of Global Markets & the SEE Region (Tuesday, July 24, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Global government bond yields remained in an upward trend in early European trade on Tuesday on reports suggesting that the BoJ will likely scale back its monetary stimulus at the next policy meeting on 30 July. Potential for fresh...
July 24th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Friday, July 20, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: UK retail sales (in volume terms) surprised negatively in June falling 0.5%MoM after a 1.4%MoM increase in May, as temporary weather-related factors eased. In reaction to the above, the GBP came under renewed pressure hovering around...
July 20th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Thursday, July 19, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: The USD retained a firm tone in European trade favored by Fed Chair Jerome Powell’s positive comments on the US growth outlook in his congressional testimony on Tuesday before the Senate Banking Committee and again on Wednesday before...
July 19th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Wednesday, July 18, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: During his testimony before the Senate Banking Committee, Fed Chair Jerome Powell sounded optimistic on the US growth outlook and reiterated that the FOMC believes that “for now the best way forward is to keep gradually raising the...
July 18th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Tuesday, July 17, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: US retail sales rose by 0.5%mom in June mainly on the back of a 0.9%mom gain in motor vehicle sales, following an upwards revised increase of 1.3%mom in May, the largest since September 2017. Solid US June retail sales, together with...
July 17th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Monday, July 16, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Core government bonds retained a firm tone in European trade on Monday following the release of the FOMC’s semi-annual Monetary Policy Report to the US Congress on Friday where the Central Bank reiterated that “further gradual...
July 16th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Friday, July 13, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: US CPI rose 2.9%YoY in June, the biggest annual increase in nearly 6 ½ years and core CPI increased to an 18-month high of 2.3%YoY, supporting the case for two additional Fed rate hikes by the end of this year. Turning to FX markets,...
July 13th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Thursday, July 12, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Global stocks and commodities rebounded in early trade on Thursday with markets trying to consolidate from y-day’s sell-off due to the escalation of the trade dispute between the US and China following the US Trade Representative’s...
July 12th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
Daily Overview of Global Markets & the SEE Region (Wednesday, July 11, 2018)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Trade dispute between the US and China continues to escalate. In response to China’s retaliatory measures following the US imposition of an additional 25% duty on Chinese goods with an annual trade value of c. $34bn, effective from...
July 11th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More
