Morning start...fkli firm 1482-85 fcpo firm 3280-90

DJ -90, Europe -0.5%. All losses well within expectations.

8.30 : DJ futs +50. Regional strong on weaker local currency. KOS +0.5% NK +1%. Commodity mostly higher near +0.5% .


fkli : with firmer regional tone, fkli seen higher amid tis wide discount to fbm but unlikely to break major resistance lvl. 80-95 range

fcpo : SO +0.7%, seen testing 3300 again. Weaker RM could boost buying . Above 3250 is upside bias.