Not much indications from DJ/europe. All small moves last Fri.
8.30 DJ futs. +2. Regional cautious, softer tone amid SK-US military excercise today as NK says it will retalitate. Kospi -1% NK -0.1%. Commodity flat.
fkli : unlikely to break above 1500, 90s lvls amid fear of -ve development between the two Korea. Upside potential if fbm> 1501.
fcpo : SO +0.1%. enough to keep fcpo above 3500 ?...maybe not. Negative-bias if under 3520, with a risk of a breakdw under 3500 targeting 3450-60.
3 years ago
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