DJ -50 lower as Fed said ecnomomy is weakening but off lows as Fed avoided "deflation" tone. Europe -1%
8.25 : Dj futs -20. Regional near -0.5% . NK registering bigger losses -1.6% on stronger yen and weaker machinery data. ( a gauge of company capital investment ) Commodity mixed, flat.
fkli : look set to enter a new lower range of 50-55 on follow through tech weakness and a lack of external +ves. fbm is seen heading for 1356-60 ranges with further dwside riks if trades < 1360, targeting 1350-52 range
fcpo : SO flat, +0.2%, enough to offset yest's negative-ness ?? . Probably not...dwside risk if < 2686, targeting 7SMA around 2645-50.
3 years ago
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