-DJ/EU +0.5%, off high but +ve despite EU debt mess after Federal Reserve chairman Ben Bernanke reiterated that the central bank remains ready to provide additional stimulus.
-US$ weaker significantly, a boost for commodity. CO +0.5%. GOLD at record highs amid default fears. Grains jump on corn cues as scorching weather in the central U.S. crop belt, along with forecasts for more heat,raised concerns about the size of the U.S. corn crop
-regional -0.5% as export oriented mkt suffers from strong local currency. DJfuts -30.
-fkli cautious and limited upside 75-85 but mostly seen near 80 for 75-80 play. Negative tone if fbm <80.
-Fcpo SO +1.5% fcpo seen back above 3100 and looks set to challenge 2-week high of 3136. 3100-3150 +ve play. Above 3100 is bullish.
3 years ago
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