The BDI@1,670 proves that the Dry Markets are still stuck…

European Union, Events, Markets, Piracy and Terrorism, Politics and Government, Reports — By on December 7, 2017 at 11:55 PM

John N. Faraclas

The BDI (Baltic Dry Index) gained just nine points since yesterday and now reads 1,679; the Wets at the same levels and Geopolitics are explosive in many fronts; John Faraclas brief report:

The Capers look safe above the 4,000 threshold and gained 21 points with the BCI now standing at 4,147 points… It is a seasonal rise and same might continue but volatility is still here to stay…

Same levels as per yesterday’s closing for the Panamaxes gaining just one point with the BPI now at 1,564 points… There might be though a positive correction..

Minus one point for the Supras’ BSI now at 944 and plus one for the Handies’ BHSI now at 630 points conclude the Dry Market which remains 568 below the 31st of December 2013 closing (2,247); it’s now four year below the 2,000 level… Moreover the only key players remain the Capers and a bit the Panamaxes…

The Wets remained more or less the same; the last published BDTI (Dirties) and BCTI (Cleans) stood at 824 plus two and 685 minus three points respectively…

The WTI fell strangely close to US$ 56… What’s up there…

On the Geopolitical front all issues remain the same: MIGRANTS; The sort of ending of the War in Syria and Iraq against the ISIS’ Islamist Terrorists and all the other wars there between a dozen or so of functions continue… Mind the Kurdish issue as we might see an unprecedented flare up like never before engulfing all four states were Kurds claim part – Iran, Iraq, Syria and  Turkey.

Turkey goes beyond control and barrier of bad neighbouring and manners with all countries which are signatories and also part of the Treaty of Lausanne … The Turkish president’s historic so called visit in neighbouring Greece and despicable behaviour thee might open the Aeolus winds… Caution on all fronts for all sides particularly the Greeks who might had enough. The Greek government should also grow up and avoid successive previous Greek governments and regimes mistakes in allowing all these palaver but also there is a need to enable explain the real consequences to the super powers particularly the USA which leads the NATO alliance that this behaviour and backing to Turkey must end forthwith. President Erdogan, his likes and his pariah state must come down to their senses before they come down to their knees.  A despicable behaviour which he pre-announced before with his pre-meditated announcement a day before. We all know president Erdogan’s megalomaniac plans to lead the entire Middle East and the entire Muslim world and we have to stop him NOW. No one can accept any excuse whatsoever. His show of political terrorism in Athens – we expect the same tomorrow in Western Thrace, was unique. Equally Greece’s politicians must rise to the cirmustanses and allow some good professionals to deal with the matter live on TV with all involved…

This latest development together with US president Trump’s announcement yesterday that Jerusalem is Israel’s capital might create havoc worldwide. Expect a messy outcome. Watch this space!

Russia flexes its muscles in Syria and beyond… Let’s see president Putin’s next step…

BREXIT reaches very crucial levels and until we see the end – indeed it is always the end when the fat lady sings… A very complicated divorce is coming up but somebody had to make the beginning and leave the EU as the way same is been administered from Brussels and Germany’s leaders brought us in a chaotic situation…

At the North Korean front we believe things might also get sour….

I am positive for the possible good outcome of the EU- Japan Trade Agreement!!!

In Liberia we expect a run-off poll…. Let’s see if George Weah can score…

I guess that is enough for tonight; think and let us have your honest comments…

Have a nice evening and be on guard from Pirates and Terrorists wherever you are on Planet Ocean… Things might get really sour…

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