The BDI@1,212 poses many question marks… geopolitics too…

Anniversaries, Automobiles, Corruption, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets — By on March 6, 2018 at 11:35 PM

John Faraclas

The BDI (Baltic Index) gained just two points and remained stranded at 1,212 points; Geopolitics continue to be more than perplexed. John Faraclas’ daily briefing:

The Capers’ BCI lost ten points and now stands at 1,587…

The Panamaxes “surged” with 26 points and the BPI now reads 1,528 points…

Seven points plus for the Supras’ BSI now at 1,013…

Finally the Handies’ BHSI clinched five points and approaches the 600 points – now at 595!

Still wonder when the Chinese dog will begin to bark as until now nothing really happens. I am optimistic that this dry market offers opportunities for the very well placed few! Despite living in a bankrupt world economy some will make it… Be you!

Down with …the Wets…? The last published BDTI (Dirties) and BCTI (Cleans) stood at 664 and 598 minus five and two points respectively! CAUTION!

The price of WTI just before midnight stood at US$ 62.58 – still an unorthodox price which I bet you will backfire!

The Geopolitical front still with the same issues as of yesterday with more news from the other side of the Atlantic and a possible resignation of another aide in president Trump’s squad, his economic adviser Gary Cohn is about to depart… The president welcomes North Korea’s possible change – but there is a long way to go. Still the main issue is the tariffs and accuses the Europeans of an unfair game with still, aluminium and mainly automobiles. Watch this space!

More ships from the US Navy are joining already other ships of the US 6th Fleet in the eastern Med as the Turks become naughty and unpredictable…

Did I hear you say Bitcoins; more scandals are on…

We live in an era of too many investigations, too many scandals and we expect the shit to hit the fun soon!

BREXIT make waves; I love it… Wonder how many understand what’s going on in the pre-transitional period, what will be agreed during the transition period and the aftermath…both in the UK and over to the “mighty” Continent…

Lastly we were pleased to participate live on Greece’s SBC TV this morning putting our case for the Dry and Wet Markets, Trade and Geopolitics…

More news tomorrow; in the meantime have a nice evening and be on guard from any eventuality emanating from Pirates and Terrorists  looming in the background wherever you are on Planet Ocean!

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