DJ -180, about 50 point more losses than Asian expectation. Europe -0.5%, off Asian hours lows.
8.30
DJ futs +14. Regional steady, mixed, near flat line. Commodity tumbles, except CO, "popular uprisings pressured prices because they produced an uncertain future for theglobal economy and demand for commodities" . CO +0.5%
FKLI
-lower tone but built in discount would likely to limit fkli support near 1505 first. More selloff if fbm < 1510, targeting 1490. Upside target is lowered to 1510 from 1520
FPO
-SO -5%, knee jerk selling seen in fcpo opening trades. Fair seen near 3500 but fcpo is likely to see opening near 3550, taking trading range. Bearish if under 3600.
Financial Markets Will Move To Asia
-
Chicago, they invented the Soybean futures contracts. But now, China uses
more soybeans than ... *READ THE REST OF THE ARTICLE ON THE NEW WEBSITE:
JIM ROGE...
5 years ago
No comments:
Post a Comment