Morning start...fkli firm 45-50 fcpo weak 2650-70

DJ -50 , still hang over but as a consolation ,mkts finished off lows. Europe mixed to softer tone.


8.15: DJ +15. Regional mixed, near flat line. Commodity weaker tone, -1% except safe haven like GOLD +1%.

fkli : no 50s in early trade with defensive play first. It does look like a 45-50 range with bargain seen at lower end after taking a beating this week.

fcpo : SO -1% . intra day sell for a start, < 2670. Immediate support is 2650. A breach could initiate bears attempt for 2600-2650 band.