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Tag Archives: Capesize

Volatility in economic and political markets – Concern or Opportunity?

09 Wednesday Apr 2014

Posted by Angela Chao in Dry bulk shipping

≈ 11 Comments

Tags

Capesize, falling stock markets, iron ore trading, price fluctuation, shipping industry, slowdown in China, worldwide economic markets

price fluctuation game

For traders playing in the short-term price fluctuation game, where the goal is to reap fast profits, the current world situation is actually more of a plus than of concern

The best one can say at this time is that worldwide economic markets are volatile, with no certain way to predict what will be the immediate and long-term fallout from civil unrest in Ukraine, Russian grab of Crimea, economic slowdown in China and falling stock markets. With the potential for more unrest in the world as the US and Russia sanction each other, the best advice seems to be to hold steady and wait for the various disturbances in trading and prices to settle down. For traders playing in the short-term price fluctuation game, where the goal is to reap fast profits, the current world situation is actually more of a plus than of concern.

Mid-March indices were already showing the impact of the various political and economic instabilities, with the FISE down by 4%, Eurofirst down 4.2%, Shanghai down 2.8%, Nikkei down 3.2% and the S&P down 1.9%. The commodities picture was also interesting, with iron ore trading off by 10.3% and cooper by 9.2%. Brent crude oil was trading down by 3.6% but gold was trading up by 3.1%–with many more worried about China’s slowdown than what will happen between Russia and Ukraine, at least from an economic perspective.

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About Me

Angela Chao
Chairman and C.E.O. of Foremost Group, a leading shipping and trading enterprise, Angela Chao is an active businesswoman who serves on several boards and loves to volunteer. Angela comes from a loving and supportive family of Chinese descent. The Chao family dedicate themselves to serving and contributing to society.

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Baltic Capesize Index BDI Capesize rates China Chinese economy coal imports coal shipping Crude Oil Dalian Commodity Exchange dry bulk market dry bulk shipping dry bulk shipping market freight rates iron ore Iron ore prices iron ore shipping Iron ore shipping vessels shipping industry steel steel industry

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