Morning gossip...fkli firm 70-75 fcpo weak 2440-50

DJ -120 after Spain debt was downgraded. Eur0pe marginally lower, less than -0.5%. US closed for holiday Mon.

8.20 : DJ futs +35. Regional flat . Commodity mostly higher. CO +1.5%, higher in Asian hours. GOLD +0.2%

fkli : seen firmer on DJ futs gains but softer opening amid the wide premium. Above 70 is a buy mkt.

fcpo : SO -0.8%, no trading in Asian hours. 2450 support will be tested again. Below 2440 or 2436 is a sell mkt.