Morning gossip..fkli firm fcpo firm

DJ +45, follow thorugh buying in blue chips after Wed's 2010 high. 8-day winning streak. Europe flat, mostly lower.

8.20 : DJ futs -4. Regional +0.5%. NK +38. Commodity mixed, flat.


fkli : seen reaching back to 1300, taking a firmer tone early trade, 1300-1304. Upside potential is seen limited near 1307. Negative-bias if 97 breaks, targeting 93. Or if fbm breaks 1300.

fcpo : looks like a quiet day for commodity. Jun10 is seen stuck within 2530-2550 for a start, upward-bias tone if above 2530. Otherwise, another selldown towarss 100SMA is expected.