Monday, May 10, 2010

Morning start...fkli firm 20-25 fcpo firm 2530-40

Follow through continued Fri inUS/Europe. But DJ ftus +180 in early Mon, probablyafter EU OKed 500-billion-euro Greece bailout.

8.30 : Regional off to +ve n strong start, +1%. NK +60/+0.5% KOS +18/1%. Commodity mostly lower. GOLD -0.5%. CO -2%.

fkli : with DJ futs boost, seen steady above 20. Probably tyaking the lower half of 20-30 range fiorst and if fbm can sustain above 30, fkli could see more gains towards 30

fcpo: SO +1%. fcpo is seen range play within 2520-50 with upward-bais tone if above 20.

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