DJ +111, as investors welcomed better-than-expected corporate results, signs of stability in the housing sector and solid auto sales. Europe up near 1%, third day of gains.
8.15 : DJ futs +14. Regional starts at +0.5%. NK +60 Kso +18. Dollar weak, commodities higher. Gold +1% CO+2%
Fkli - seen taking the upper range again 65-70. Unlikely to make a breakthrough above 70 as fbm is expected to remain sluggish with +ve tone. But, probably better support to he dwside than yesterday. Above 66, is a buy mkt.
Fcpo - soyoil gains near 3% would provide strong follow through incentives., taking a fresh positive band of 2450-2500, the first in 5-day. Apr10 seen starting about RM30 higher, 2480-2500. Above 2450 is a buy mkt.
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