Friday, July 15, 2011

Morning Start...fkli soft 1576-79 fcpo soft 3110-20

-DJ -50 , after Federal Reserve chairman Ben Bernanke backtracks and says that the central bank may not be as willing to move on further stimulus as previously thought.
-EU -1%
-commodtiy softer as US$ slips on Bernanke. CO -2.5%.

fkli 75-80 neutral but dwside risk greater today. Selling pressure if fbm < 77.

fcpo SO -1% 3110-20 start for 3090-3040 play. Sideways mkt but likely to maintain +ve stance, above 3090-3100 for next week

No comments:

Post a Comment