Quiet Monday on the other side. All mostly flat. DJ -13. Europe mixed. Like last week, slow start but strong staying power ahead of Fri's data ??..this week..Feb's retail sales data.
8.20 : DJ futs -12. Regional flat but seen taking a softer tone. Commodity lower, from 0.5% to 1%. CO -0.5%
fkli : while profit take pressure is likely to build up, internal momentum is likely to keep the mkt above 1320 b4 HS opens. And further push if extenal factors improve. 1320-1325 for a start. Above 20 is bullish.
fcpo : soyoil is off 0.5%, which means fcpo's 2700 is still not a safe bet yet for bulls. May10 is seen wandering within 2700-2720, calling to open about RM5 lower. Anything below 2710 is considered -ve tone.
3 years ago
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