DJ -40, after worse-than-expected readings on manufacturing, housing and the labor market fueled fears that the economy is heading for another recession...CNN. Europe -2%.
8.20 : DJ futs +18. Regional flat ot +0.5%. Commodity slump, fears on slow demand. CO -2%. GOLD -3% despite weaker dollar.
fkli : seen taking a firm tone on regional and dj futs cue. but upside seen limited following US.Europe poor performance. Intra-day +ve if fbm > 1310 or fkli > 1308.
fcpo SO -0.5% as commodity comes under selling pressure as selling in equity re-ingnited fears of the much-talked double dips. Negative, under 2350 and bearish if < 2340 as bears set 2300 as the target.
3 years ago
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