Capers down; Panamaxes up: a balancing act in an unending crisis…?
The Capes' BCI lost 23 points and now stands at 2,906; on …reflection the Panamaxes' BPI gained 32 points now reading 1,438 points.
Still tough times for the dry market – still below the 31st of Dec 2013 closure of 2,247 points – a 836 minus mark… Until we see this level conquered, stay put; things due to other reasons will only keep the very very very few afloat.
The Wets with mixed feelings; the last published BDTI (Dirties) and BCTI (Cleans) stood at 776 – plus ten and 615 minus two respectively.
The WTI steady all day below the US$ 50.00 at US$ 49.55 – good news for the poor masses!
The MIGRANTS still the major issue – see for example in Germany, a to and fro situ and understand the hypocrisy!
Greece is still in a nasty situation greatly affecting its citizens as the austerity, the credit crunch, the capital controls are still there, as is a nasty childish muppet puppet show regime and opposition to be fair. Remember: Fairs fair! Expect another mess.
BREXIT enhances the British capability for the future and we can see all lining behind Mrs. May. She's the only one capable to save the British people. Expect possible changes too. The UK will come out stronger and financially, in the long run, more robust! Never forget the 1.9 billion people in the Commonwealth!
At the other side of the Atlantic in the USA, president Trump has too many issues to tackle, amongst them the effect of natural disasters – Hurricanes and now the wild fires raging in Northern California which will cost billions of dollars to rectify…. Until now this is the most difficult and controversial start for a president. All issues are very important both internal and external as they have a global effect!
Have a nice evening and until tomorrow be on guard from the Pirates and Terrorists looming in the background wherever you are on Planet Ocean!