Morning start...fkli firm 1525-27 fcpo firm 3370-80

DJ -60, but Europe firmer, +0.5%. Commodities shine as bet on weaker US$ and inflation continues.


8.20: DJ futs -2. Regional takes +ve tone. NK +1% on weaker yen. KOS +0.1. Commodity firm(GOLD, CO) to strong (agricultural) .

fkli : DJ -ve stance or NK/Europe +ve stance? fkli seen +ve stance first till at least fbm opens and potentially bullish stance if fbm >25, targeting record 36. Downside, if any, is seen limited to 20.

Fcpo : SO near +1%., good chance for fpco to make attempt at 3400 but profit take sell seen on first attempt after a "too" strong performance yesterday. No major selling pressure if fcpo > 3350.