Morning start...fkli firm 1553-55 fcpo strong 3450-70

Equity mixed tone. DJ -20 while Europe +1% Fri. Commodity strong run. 8.30 DJ futs +40. Regional flat, mixed. Commodity +1% to +2%. GOLD +1% CO +1.5% FKLI reducing wide discount but dw risk till fbm regains 60 resistance. Bearish if fbm under 55. targeting 40. FCPO SO +2% , 3400 will be an easy job, tug of war near 3450-70 band and a chance to test 3500. Above 3400 is bullish.