Capers volatility …”keeps” the BDI afloat…

Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets — By on October 5, 2016 at 11:47 PM
John Faraclas

John Faraclas

The BDI (Baltic Dry Index) closed earlier on today at 869 points – up nine since yesterday thanks to the volatile Capers; Geopolitics continue to worsen. John Faraclas’ daily briefing:

The Capers were up 42 points bringing the BCI 2014 above the 2,000 point threshold at 2,012; obviously and as per previous statements: one size doesn’t constitute the market as, in this case  today all other dry indices were down.

The Panamaxes lost six points and the BPI now stands at 699 – below the 700 point mark; caution!

The Supras’ BSI lost one point – now reading 680…caution here too!

The Handies’ BHSI lost two and let’s see who “capitulates” on its 415 points.

So, once again a falling market, but with contained losses as we reported yesterday…

The Wets on a falling modus; the last published BDTI (Dirties) and the BCTI (Cleans) stood at 616 – minus six and 347 – minus two points respectively.

The WTI was approaching the US$ 50 mark – at US$ 49,72 at 22:00BST; again one has to be caution on where this rise will lead, as it increase the bunkering costs and supports Geopolitical anxiety…

The Containers were struggling once again; for whom the bell tools this time?

Many shipyards, particularly in the far East are going under!

The Capital Link event today covered a great deal of issues!

Once again we reiterate the view that this is the best ever buyers’ market!

The Geopolitical front worsens:

The MIGRANTs issue brings political clashes within the European Union. SHAME!

The Syrian saga gets worse and we don’t have full coverage, just propaganda news, and then the news will take us by surprise; be on guard.

What’s happening in Calais with respect the child MIGRANTS there? They deserve full assistance and must join their families in the UK!

Turkey intentions, not only versus Greece, but for all in the region MUST be curbed.

Don’t cry wolf as we will respond asymmetrically – you dead well know what we mean!

Greece goes through a tough time; expect many surprises; we understand that even capitalists to save their skin support Tsipras, but it is too late; he is falling and his managers from abroad will fail to support him as others have other designs. Still await to see resignations following the attack on the pensioners with chemicals.

BREXIT means BREXIT, whether same is hard or soft and we are supporting this exodus from an otherwise good idea, being the European Union, but not the way same is functioning under Germany’s dominance and Brussels’ apathy for the south of Europe and other regions too… It will also backfire in Germany. The Wealth Forums Conference yesterday has, in my view put the record straight; so does Mrs. May leading the way to prosperity even through dire straits! In the meantime she will act to help the lower and middle classes from rogue bosses and also act on high cost of housing and gas tariffs

The global economy is in a mess and in general as we have notify you through this medium, we leave in the 500-years syndrome. This means that every 500 years +/- 50, unique events and changes happen, so don’t be surprise for what is yet to come!

Antonio Guterres, former PM in Portugal looks likely becoming the new UN’s Secretary-general!

In Afghanistan we expect to see at least US$ 15 billion by donors so that the war/civil war torn nation can go through; it is about time!

Hurricane Matthews creates a mess in some Eastern USA states… A “fool” Trump and a “weak” Clinton makes the headlines. Wonder how these two can govern appropriately the World’s most powerful Nation. Every result, despite Mrs. Clinton’s lead is possible…

That’s all for now, have a nice evening and be on guard on all fronts; we live in interesting times!

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