John Faraclas
The BDI (Baltic Dry index) rose to 1,172 points – plus 25 since yesterday. In the geopolitical front we reiterate the view that the drums of War can be heard – War in the platoon, War in the financial “galaxy”, it’s War everywhere. John Faraclas’ daily briefing:
The Capers added another 129 points to the BCI 2014 – which now reads 2,265 points, stirring-up the Markets and everybody becomes nervous and …”ecstatic” as no one knows what’s next! CAUTION.
The Panamaxes continued their downwards trend with the BPI losing 21 points and now standing at 1,129.
The Supras’ BSI stuck at 877…for nearly a week now; tomorrow we must see a move or…
The Handies’ BHSI was up three points at 508.
As in previous reporting we explained that “one size cannot dictate the Market”, same still applies today. Let’s have your views then on this strange situation, which, being nearly 1,000 points down from December 2013 levels, pauses many questions…
The Wets again with mixed results; the last published BDTI (Dirties) and BCTI (Cleans) stood at 835 – minus 12 and 680 – up 20 points respectively.
The price of WTI remained below the US$ 49 at US$ 48,79 to be more precise…
Meantime and as you have seen earlier on today, the Asian Shipowners’ Association SERC findings are more than interesting and important.
In the Geopolitical front, the War is on by all means and …styles. It remains to be seen who will make the first wrong move and then the shit will hit the fan.
MIGRANTS: more than messy
Syrian and Iraqi saga with ISIS going slow and that will trigger more revolts in the region.
Turkey is being totally derailed and hope even the last minute president Erdogan comes to his senses.
Greece ready to explode, unless the debt is written off as it should have been dealt with since 2009!!! . We challenge every politician, economist and diplomat live on any A1 TV station on the issue – one of humanities biggest scams!
BREXIT goes strong.
In the Netherlands the election result was great news for Democracy and Europe!
Let’s see France and German elections results what will produce.
At the other side of the Atlantic president Trump faces some difficulties; let’s see how he overcomes same…
Good news for the hijacked tanker; the Somali pirates let her go… strange though…
More news with the weekly recap tomorrow.
Have a nice evening and be on guard for every eventuality – you have witnessed the culprits trying to attack us all all over the place in Europe with letter and parcel bombs in the last 48 hours; shame! The second one came, after a parcel bomb meant for Germany’s finance minister Wolfgang Schaeuble yesterday, injured personnel today at the IMF offices in Paris. Shame. All issues should be thoroughly investigated and provocateurs loom amongst us all over the place – you dead well know what I mean. The Greek group the Conspiracy of Fire Cells is said to have claimed responsibility…
