PM selloff following China’s sudden fall of -4% after lunch break. Interest rate hike fear. Already toppish-like in AM session, players up their selling in afternoon on fresh selling signal under 90 and 87. But tks to fbm resilience and preclosing jump, fkli moves back near 90 but fkli sentiment –ve all day long even when fbm > 1500 in early trading.
Fkli wide discount -15p amid fbm “fake ??” perclosing and poor Europe/Dj futs indicator.
Fkli wide discount -15p amid fbm “fake ??” perclosing and poor Europe/Dj futs indicator.
Regional mostly –ve, more losses in PM. Europe -1% DJ futs -40, Ireland bond default fear.
Below 1495 is –ve tone, danger of a breakdw towards 1450-1480 range.
Below 1495 is –ve tone, danger of a breakdw towards 1450-1480 range.
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