Markets this week: Central banks to the rescue

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Category: Mercados - Fletes- Cotizaciones
Published on Sunday, 15 March 2020 09:40
Written by Administrator2
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https://asiatimes.com/2020/03/markets-this-weekcentral-banks-to-the-rescue/

The collapse in oil prices and fiscal measures have put downward pressure on inflationary expectations
 
By UMESH DESAIMARCH 15, 2020
 
Asia Times
The US Federal Reserve building in Washington, DC.

Economic events

Financial markets are hoping the US Federal Reserve will join the growing queue of central banks that are pledging to rescue markets after the precipitous fall not seen since the Black Monday plunge 33 years ago. Expectations of fiscal support measures are rising in addition to the deep rate cuts by various central banks already baked in bond prices.

China’s central bank on Friday cut reserve requirement ratio (RRR) by 50-100 basis points (bps) unleashing a wall of liquidity. It will release 550 billion yuan into the banking system. This liquidity adds to the 800 billion

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Global economy faces a ‘US$2 trillion hit’

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Category: Mercados - Fletes- Cotizaciones
Published on Saturday, 14 March 2020 15:57
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ASIA TIMES

'Doomsday' scenario’ from the UN paints a chilling picture as WHO declares a pandemic
 
By GORDON WATTSMARCH 12, 2020
The Covid-19 epidemic could cost the world in GDP growth nearly US$2 trillion. Photo: Mark Wilson / Getty Images / AFP

The United Nations has warned that the global economy faces “a US$2 trillion hit” in a “doomsday scenario” after the World Health Organization declared a worldwide pandemic.

As the Covid-19 disease spreads across the planet and the battle switches from China to Europe and the United States, concerns are growing that global growth will be wiped out as consumer demand evaporates.

“From an economic perspective, the key issue is not just the number of cases of Covid-19, but the level of disruption to economies from containment measures,” Ben

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Venta de Armas.-

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Category: Mercados - Fletes- Cotizaciones
Published on Friday, 13 December 2019 15:52
Written by Administrator2
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VENTA DE ARMAS

El “barco de la muerte” saudí no logra evitar las protestas en el puerto de Sagunto

El buque Bahri Abha, utilizado en varias ocasiones para trasladar armamento, ha atracado a las tres de la madrugada. Activistas contra la guerra le han recibido con carteles por la paz y contra el tráfico de armas.

 
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Protesta realizada esta madrugada en el puerto de Sagunto contra la llegada del barco saudí Bahri Abha. MOC

The VLCC market took a turn for the worse this week, as activity slowed in all areas and ships piled up.

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Category: Mercados - Fletes- Cotizaciones
Published on Sunday, 31 March 2019 04:43
Written by Administrator2
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Markets - VLCC activity slows

Mar 29 2019

Charterers received double digit offers, but initially at below last done levels. 

Thus, we expect rates to drop further as the week progresses, and owners could find themselves trading at OPEX levels before long, Fearnleys said in its weekly roundup.

At the time of writing (Wednesday), WS45 was concluded with a ship older than 15 years for MEG/East, and modern tonnage will probably follow suit soon.

In contrast, Suezmaxes saw fairly good activity in the West last week, and finally the tonnage list for cargoes out of West Africa on natural dates looked more healthy.

Rates are still scraping the bottom of what owners consider to be beneficiary, compared to anchoring and waiting for better times. At least

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