First up...US economic data news. No significant data till Wed when Fed releases "biege book" , a survey of the US economy. Then the usual weekly jobless claims on Thu.
DJ +96 on Fri as US companies cut less jobs. Still, unemployment remains at 26y high.
8.30 : DJ futs -8. NK +1% Kospi flat.
Fbm/Fkli are seen extending their last week's late surge. Taking one step at a time, immediate target is 1190. While Fkli can do 1200 on panic buying, a sustainability oculd be an issue if fbm get stuck at 1190, which is near 1% gains.
Above 1177 is a buy mkt today.
3 years ago
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