DJ -90 , marginally better than expected, >-100. Europe mostly lower but no serious contagion effect from Asian dismal perofmance last Fri. Focus on Ireland bond rating and China performance today.
8.25 : DJ futs +11. Regional firmer tone,. NK +0.7% Commodity yet to recover from Fri's slump GOLD -2%. CO -0.5%. US$ dollar seen stronger against Asian currency.
fkli : recovery tone towards 1500 but cautious till fbm.fkli regain 1502. And fresh -ve if < 1490.
fcpo : SO -2%, -ve tone in early Asian hours. defensive play at 3300 first. Below 3330 is -ve mkt. Fcpo must cross above 3350 to initiate fresh upward momentum.
3 years ago
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