Friday, August 06, 2010

Morning start...fkli 1363-67 fcpo 2600-2620

DJ -4. Europe mixed, flat.

8.30 : DJ futs -4. Regional taking -0.5% stance. NK -100/-1%. NK very wide swing this week despite a very calm DJ futs...as players confuse with a strong Yen impact. Commodtiies all quiet, softer tone.

fkli : without external +ve, fkli likely to start on softer tone amid its premium as fbm has been sluggish this week, with worries of breaking 60 support. fkli would get a big boost if fbm > 65.

fcpo : SO -0.2%. unlike to spoil the bulls party. Short of another rally, if under 2620 with dw risk of 2570-2600 range.

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