Thursday, April 14, 2011

Morning start...fkli firm 1530-35 fcpo weak 3330-40

DJ +7, Europe +1% overnight but DJ futs n regional take softer tone. DJ futs -2. Regional near -0.5%. Commodity mixed, no big moves. CO +0.5%. GOLD flirting near record high. FKLI 25-40, upward bias first 30-35. FCPO SO -0.5%, fight for direction continues. 3300-3350 range in early trading, defensive start but 3300 looks secure at the current SO lvl.

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