Thursday, July 09, 2009

FKLI : morning gossip....1060

DJ +14, quiet ahead of jobs report today.

8.25 : DJ futs +20 NK NK -1% exporters down on strong Yen. Kospi +3. Commodity trading 2-3% lower. Crude oil near US$60.

FKLi is seen firm near 1060 before HS opens. July seen narrowing its discount to fbm as its support is likely to be at 1060. A strong FBM, above 1066 would encourage fkli to take 1065 mid point.

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