Morning start...fkli strong 1414-20 fcpo strong 2450-70

DJ +164, on smaller than expected 2Q GDP revision and Fed strong will to fight deflation in a statement on Fri. Europe +1%.


8.15 : DJ futs +20. Regional strong, 1% to 2%, on NK kead, as BOJ to hold meeting to talk on yen rise. Commodity strong, CO +2%.

fkli : immediate support is likely to raise to 1414-15 and fbm is seen attempting 20s range. fkli coudl retreat if fbm fails to cross above 1420 mark. but a buy mkt if > 1414

fcpo : SO +2% at 1-week as grains recover from early week lows on strong export. fcpo can expect to test it first big hurdle towards 2600 -the 2570 resistance. Above 2540 is a buy mkt with eyes on consolidation tone.