Morning start...fkli soft 1549-51 fcpo firm 3330+

DJ -20, on fear of economic slowdown. EU-1%, after reports that Moody's has determined the U.K.'s credit rating is at risk of being downgraded.


8.30 : regional -0.5%. NK pressure by strong yen under 80 against US$. CO jump almost 3% as US$ weaker against Euro.


Fkli possible 40-50 from 45-55. but fkli seen steady first till fbm dips under 50.



Fcpo SO +0.4% incentive to reverse a 3-day losing streak . Buy back activities first but upside seen limited around 50 and risk of a breakdw under 3300 remains today, targeting 3375-80 if any.