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The BDI@821: towards a Market “Resurrection”?

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John Faraclas

The BDI@821: towards a Market “Resurrection”?

The BDI (Baltic dry Index) gained 31 points earlier on today thanks, mainly, to the Capes; Geopolitics still perplexed and worrying in all fronts. John Faraclas’ brief post Easter recap:

The Capes’ BCI was up82 points and now stands at 572 surpassing the 500 point threshold…

A single digit plus figure for the Panamaxes BPI now at 1,171 – plus nine…

On the up are also the Supras with the BSI now at 751 – plus 19 points!

A positive point for the Handies’ BHSI now at 391…

The Wets, once again, with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 653 – plus one and 576 – minus eight points respectively.

The WTI once again in …“jeopardy” at US$ 66.3; CAUTION!

The Geopolitics remain tensed and perplexed producing  / developing uncertainty in all fronts and with the new Oil crisis and a possible USA-Iran standoff things might become messy!

MIGRANTS remain the top issue and let’s see how president Trump reacts with the USA/Mexican border crisis…

A new USA / Iran escalation is being “developed” and wonder what’s next in an otherwise very turbulent situation within the faulty line of Gib to Afghanistan and from the caucuses to the Horn of Africa…

More tensions in the Middle East with the Golan Heights… CAUTION… as Israeli PM Benjamin Netanyahu intends to name a new settlement there after US President Donald Trump.

Greece and Turkey might cause another mess in the region “thanks” to Turkey’s continuous provocative attitude; shame as the EU and NATO MUST intervene before it is too late…

The Balkans too might ignite…

All eyes and ears are on BREXIT, still an unresolved situation with more surprises to come…. Ultra CAUTION from both sides must be observed

Cyclon Idai kits more countries in South Africa’s periphery. Now it was South Africa itself turn with too much flooding!!!

The Sri Lankan massacre still produces headlines. Shame and Pity!

Europe is under election fever… and let’s see what happens in May. Will UK participate also in this or BREXIT will be sooner and “automatically” no elections will be needed?

In Spain now and let’s see how Pedro Sánchez does this coming Sunday! Will he finally do it?

Being on the move today news are a bit limited but in two airports Heathrow and Athens the mood was good with thousands travelling for post and pre-Easter holidays… Happy Saint George’s Day too!

Have a nice evening and remain on guard from actions emanating by Pirates, Terrorists, Criminals and  Business Hooligans whatsoever wherever you are on Planet Ocean…

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