Home HRAnniversaries Party time with the BDI@1,112

John Faraclas

Party time with the BDI@1,112; awaiting the Wets amid dangerous geopolitical upheavals in a spreading coronavirus scene…

The BDI clinched a point, a cause to celebrate and I guess we deserve a virtual party on board…;John Faraclas’ early market news:

The Capes’ fell another 31 points with the BCI standing at 1,450…

Panamaxes “surged” further with the BPI at 1,252 – up 38 points…

Minimal gains for both the Supras and the Handies; the BSI was up four points at 888 and the BHSI up three at 588 respectively.

The WTI as these lines are being written stands at US$ 41.26. CAUTION…

Geopolitically we are witnessing changes even in Parliaments on important issues such as that on Security and in particular Migrants. In France for example, were they rebuilt legislative borders and taking the European bull by its horns, following attacks the public suffered despite a generous openness to migration…

In Greece another messy anniversary on the occasion of the uprising of the Athens Polytechnic during the 1973 events. CAUTION as this creates despicable and unnecessary issues bad for all. “Democracy” MUST grow up! Don’t spoil it.-

In the USA, still a situ in limbo were president Trump and his Republicans must cooperate for a smooth transition in handing over to Joe Biden’s team…

We hear that Coronavirus spreads uncontrollable and we have noticed luck of a common policy in tackling same, particularly in the EU!

On another tone and note Banque J. Safra Sarasin (Luxembourg) SA has won the Global Finance award as Best Private Bank in Luxemburg 2021. Congrats; well done!

Reverting with a full update on the Markets and Geopolitics before midnight; until then, take care and stay safe.

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