Thursday, July 07, 2011

Morning start...fkli firm 1590-93 fcpo firm 3030-40

DJ +50 after European Union officials challenged the main credit rating agencies. But GOLD +1%. EU -0.5%. Commodity firmer, +0.5%. Al ropund quiet ahead of US economic data. Retail sales on Thu n Jun employment data Fri.

8.40 : Regional flat, +0.3%. Dj futs +20. CO +0.5%.

Fkli 90-00 if fbm>90. bullish play likely

Fcpo SO +0.4% fcpo can escape a breakdw but will it find upside momentum ? quite unlikely. 3000-3050

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