Whatever happened to the Dry Markets and geopolitics…

Markets, Military, News, Shipping Indices, Statistics, Stock Markets, Trade and Commerce — By on January 26, 2017 at 11:10 PM
John Faraclas

John Faraclas

Another falling day for the BDI and hiccups from geopolitics; John Faraclas’ brief daily assessment:

The BDI (Baltic Dry Index) lost another 22 points since yesterday  and now stands at 840; one wonders when this falling will end, as if it goes beyond the 700 points level, things can turn disastrous for almost everybody…

The Capers’ BCI 2014 lost 87 points going under the 1,300 point mark at 1,287… Opppppssss!

The Panamaxes’ BPI gained just one point; what an exemption… at 973 points still in the dangerous zone.

Supras’ BSI also down six points and at 696, below the 700 point mark, another warning…

Handies BHSI down four at 424…

CAUTION CAUTION CAUTION

The Wets too with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) at 977 – minus ten and at 621 – plus two respectively…

The WTI just over the US$ 53,71, higher than yesterday and as we have said: this is dangerous for the poor!

Some interesting other figures come from Trump’s America: the Dow Jones made a historical high at 20,100 points; end of the story.

In the Geopolitical front, things remain the same with the same issues as yesterday and tomorrow in our weekly recap we will cover all the important issues:

  • MIGRANTS issue go worse…
  • Syria et al even more worse…
  • The USA and the UK will definitely begin another new trade world order… Eat your heart out Mrs. Merkel…
  • China will be surprised by the USA – UK’s trade alliance strength…
  • Japan watches in the sidelines, but is there to take advantage…
  • Turkey plays with lady luck…
  • Greece in tatters yet again…
  • Africa in a mess…

Planet Ocean is on fire; look out…

Have a nice evening and be on guard for every eventuality.

Tags: , ,

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 6 + 10 ?
Please leave these two fields as-is:

Trackbacks

Leave a Trackback