DJ +17 , fight back early losses after Moody says that there is no imminent rating pressure for the United States or the other countries. Europe off near -1%.
8.20 : DJ futs -2. Regional flat soft tone. Commodity taking another beating . CO -1%. Gold flat, near 1105-1110 for the past 4-day or so.
fkli : enough for mkt to stay real close to 1300 but probably not enough to create significant upward momentum. fkli is likely to trade within 1300-1305 fisrt on expectations that fbm will bounce back above 1300. Jittery will set in if fbm breaks 98. Otherwise, intra-day buy.
fcpo : soyoil slide continues..near -2% on CO weakness. Fcpo prices are seen opening about RM30 lower. New benchmark June10 is seen trading plus minus 2550. No position buy signal expected today only intra day trading buy.
Financial Markets Will Move To Asia
-
Chicago, they invented the Soybean futures contracts. But now, China uses
more soybeans than ... *READ THE REST OF THE ARTICLE ON THE NEW WEBSITE:
JIM ROGE...
5 years ago
No comments:
Post a Comment