DJ -40, with technology shares posting small gains, as investors lowered their expectations for an aggressive move by the Federal Reserve to stimulate the economy. Europe -1%.
8.15 : DJ futs 0. Regional softer, -0.3%. Commodity mixed. CO +0.5% GOLD -1%
fkli : DJ/europe losses kind of priced in yesterday. fkli seen steady at +ve zone first, >96.5, but unlikely to break above 1500 till fbm shows some strength, > 1500. Till then still a dwward bias risk targeting 1491-92. Strong external needed to sustain makt at 1500-1510 range amid profit take pressure.
fcpo : SO +1.3% currently, putting fcpo back to 3060-70 range. fcpo seen opening above 3050, reversing Wed's -ve tone and could encourage an attempt at 3100. Above 3040 is the end of recent pullback tone.
3 years ago
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