Morning start...fkli strong 1300+ fcpo firm 2410-20

DJ +280/+3%, as concerns over Europe's debt crisis and its impact on the global recovery were calmed by a sharp boost in Chinese exports ( +50% in May ) and a strengthening euro ( ECB maintains R% rate)...CNN

8.15 : DJ futs -8. Regional near +2%. Commodity quiet, mixed.CO +1% GOLD -1%

fkli : 1300 easy meat ? 1300-1304 start seen, anticipating fbm testing 1300 mark. fkli seen bullish, above 1300, if fbm > 95. Trading range is raised to 1295-1306.

fcpo : SO mixed, firm but near flat line again. Maybe equity spillover +ve could help fcpo to stay above 2400. but upside seen limited within tight range near 2430. Below 2420 is sell mkt on fear of an immediate breakdw move again below 2400 lvl.