John Faraclas
Without Prejudice
A Capes “dominated” market… amid an imminent geopolitical episode
The BDI (Baltic Dry Index) ended up 20 points at 889 amid turbulent Geopolitics in this second pre-Easter week. John Faraclas daily, weekly and fortnight recaps:
The BDI was also 99 points better off than last week’s (Thursday 18/4 as the 19/4 was Good Friday and the Market was closed) when it stood at 790 points… Let’s watch this rise which after all “looks” significant given 163 points rise since...