Morning gossip...fkli strong fcpo strong

DJ flat on Fri after a 50 drop on Thu. Europe slightly higher over 2-day. Asian higher on Friday on rising commodity price.

8.30 : DJ futs +45. Regional firm but flat. Commodity strong. pricinng in CO +1%, Gold +2%.

Fkli is seen firmer after the break near 1270 with more gains near 1280 expected if fbm cross back above 1273++.

Fcpo is seen back to 2600-2630 lvl with soyoil near 2% gains. Last weak -ve tone and cautious over export estimates could limit major upside. First, a tug of war at 2600++.