DJ ends last week on a firmer tone on positive job data. Profit take pressure after Thu big gains.
8.15 : DJ futs 0, flat. Regional positive tone +0.5%. NK +0.7% as weaker yen. Commodity strong during Divali weekend, +2% to +3%.
fkli : pricing in DJ Thu's gains near 200/+2%. fkli seen near 20 ahead of fbm. More upside if fbm is > 15, on anticipation that fbm will test record high 24 lvl.
fcpo : SO +2%. fcpo seen easily above 3200, near 3250 at the current SO gains. Would not discount knee jerk push towards 3300.
5 years ago
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