John Faraclas
With four points plus since yesterday the BDI standing now at 388 points is also 39 points higher since last week’s 349 points; John Faraclas’ market and geopolitics weekly recapitulation:
The BCI 2014 was down two points since yesterday clocking 176 which is 12 points plus from 164 points of lat week.
Our favourite size, the Panamaxes nd its respective BPI stood at 477 points – up 11 since yesterday and 91 points plus from last week’s 386 – the only size really manking waves!
The Supras’ BSI stood at 420 points – up eight since yesterday and 49 plus since last week’s 371 points…
The BHSI (Handies) gained just three points now at 249 and 17 points up since last week’s 232!
Overall a plus market but, the feeling here is that the turmoil will continue and already as we have predicted many companies are going under, unable to face the music…
The Wets on a plus modus but still low; the last published BDTI and BCTI stood at 794 (plus 23) and 494 (plus two) respectively. A better though week-ending with the BDTI on a plus 79 points since last Friday’s 715; the BCTI was down 25 since last week’s 519 points.
The price of oil above the US$ 38…
On the geopolitical front things go worse.
The Migrants sage goes from worse to worse; shame to the politicians! The Syrian ceasefire was short lived… The explosive situation is more than grave…
Have a nice weekend.
