Monday, July 18, 2011

Morning start...fkli firm 1577-1580 fcpo soft 3100-10

-DJ +40, on strong 2Q earnings but cautious looms amid lingering debt pblm. Gold at record highs. EU mixed.

-regional mixed, near flat. DJ futs -50. CO +2%

-fkli 75-83 with -ve bias if fbm < 80.

-Fcpo SO -0.5%, defending 3100 and likely to range bound 3080-3140

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