Home Banking Capes’ volatility rules the Markets with further falling Wets, despicable Geopolitics amid the “curse” from COVID

John Faraclas by GTP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capes’ volatility rules the Markets with further falling Wets, despicable Geopolitics amid the “curse” from COVID

The BDI (Baltic Dry Index) lost 85 points since last Friday the 9th of October 2020 and now stands at 1,807 points – very close from losing the 1,800 points threshold. Dangerous Geopolitical games both by the super powers as well as from pariah states. Our view on Geopolitics becomes verbatim right. The Coronavirus anathema continues to spread dangerously. John Faraclas daily recap:

The volatile Capes BCI lost 259 points and now reads 3,396 losing the 3,500, 3,400 and 3,300 points thresholds…

The Panamaxes’ BPI clinched four points and now stands at 1,443…

The Supras’ BSI remained put at 982 points and …

The Handies’ BHSI managed …an ace and now stands at 596, a fraction, hopefully soon, from the 600 points!

Losses for the Wets; the last published BDTI (Dirties) and BCTI (Cleans)  stood at 410 – minus two and 357 – minus four points respectively. CAUTION!

Good news per our view was the fall of the WTI, nearly US$1 .50 down!!! A big relief for the 7.7 billion out of 7.8 billion people on Planet Ocean…

All in all a falling Dry Market and we expect further losses; obviously one size doesn’t create a market…

On the despicable situation at the Geopolitical front we will focus on the MIGRANTS, on the continuous Turkish aggression 1,500 miles around Turkey, and the politicians’ monumental apathy on many issues; the Bautas and Morettas MUST fall!

The MIGRANTS continue to be the most important issue all over Planet Ocean and what is upsetting is the way same is being reported by certain sectors of the media, particularly from Germany vis-à-vis the issues and conditions of MIGRANTS coming from the Anatolian Coast of Turkey on Greece’s and conversely Europe’s islands. They “idolise” the NGO’s… and accuse the competent Greek Authorities. They better ensure via their Chancellor Mrs Merkel and Brussels presidium as well as NATO officials, to stop forthwith this dirty game of president Erdogan, the champion of blackmail, as well as to ensure, traffickers, terrorists and all the lot there – the usual suspects, are arrested and humiliated in public following respective trials. Wonder what is these journalists’ view on how sub-Saharan MIGRANTS arrived en mass on Turkish soil… and thereafter to Greece/Europe… OK, fine, there was initially the excuse of the mess – Civil War, ISIS etc., in Syria… but from Africa??? Come on…  We have for a long time now, always in writing expressed our dismay and wrong doings from EU, NATO and UN! Only a Naval Blockade of the entire Anatolian Coast of Turkey, with a Mandate and Rules of Engagement can stop this. Same applies also for the entire North African coast, from Morocco to Egypt, needless to say in the entire coast of East Med. Just to remind you, and to set the record straight, some of our findings few years ago…, here you go.

On the despicable of Turkish actions in Central (Libya) and East Med (Cyprus and Greece), in southern Caucuses (Armenia and Azerbaijan) and in Turkeys Eastern and Southern Borders (Syria, Iraq and Iran) I guess we are seeing the Armageddon. No one can trust Turkey, no just under Erdogan but also the other leaders – opposition there. It is about time, Europe in particular comes down to its senses before coming down to its knees. A robust military stanch by the EU coupled with the toughest sanctions ever imposed is the only way Turkey and its parliament will understand. The USA irrespective of its leaders pre-occupation with the presidential election in three weeks’ time, MUST understand that Turkey is not a reliable partner in NATO nor for World Peace. For all involved in this mess, I mean avoiding in stopping Turkish aggression, there is a price to pay as History taught us through many millennia now. AND by the way, the Greek Government, any Greek Government, MUST employ the negotiating skills of its Shipping and in particular, its Shipbroking people; END OF THE STORY.

BREXIT’s harsh reality is ante portas; what’s next is very important as millions of people will be affected and businesses too… Pity… A new Shakespearean Tempest enfolds; take cover!

The EU –  the European Union, adds more dangers in its coffers… Financial issues hen and now as well as for the foreseeable future, Belarus, Turkey, Energy, Climate to name but a few… Until now, the 99 centum of EU’s leaders and officials have spectacularly failed in Risk and Crisis Management, yet they are paid an arm and a leg.

At the other side of the Atlantic, in the North: what will happen after November 3, 2020, eh???? Whoever wins these USA presidential elections, is in trouble. Watch this space!

In Central and South Latin America add the coming Argentinian financial mess… Venezuela, Brazil…

In Africa, a total stalemate….

In the Fareast and Subcontinent: China and India calling the shots, but watch out Japan and don’t overlook North Korea… China building stocks and shocks…

Australia keeps cool for the time being…

Lastly, on the Coronavirus anathema: be discipline and responsible. The mess begins now… CAUTION, as without a coherent and humane medical policy we will lose millions… We are very much concerned with Seafarers as there wasn’t any appropriate policy from the politicians and authorities as well as organisations, particularly on Crew Changes!!!! SHAME!!

Have a nice evening  ensuring you continue to remain on guard from actions emanating from Pirates, Terrorists, Criminals and any Business Hooligans whatsoever wherever you are on Planet Ocean.  Once again a big THANK YOU to all who really care for all humans – Doctors, Nurses, Seafarers, Dockers, Port Authorities et al during this Coronavirus disaster!! We repeat: Do please invest in Hospitals including Equipment, Doctors, Nurses and any useful means to avoid further disasters! Become more disciplined and care for the Environment too. Lastly: Education and Training for all to be able to tackle these disasters. Let’s work collectively together and NOT opt for a fistful of Dollars to restart the already collapsed global economy… which is in red US$ 270 (twohundredandseventy) trillion…-

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