Fbm’s decision to go into profit take mode from get go, kills fkli 1520-party. Early gains but mostly near flat line, just like regional, except HS, Europe and DJ futs. HS +0.5% AM but –0.5% PM, tracking SH -1% in the second half.
Fbm weak but RM at 1-mth high. But then US$ weak across the board
1520 looks toppish this week but mkt is likely to keep its uptrend mode., 1510-20.
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