On a day of huge expectations, the up-move faltered, but blame it on expiry driven moves.
The negativity is not that great, note this space has the habit of taking U turn from the peak or troughs that is what it has been doing. Though the ranges slowly inch higher than lower.
The one change the one has to notice.
PSU pack on profit taking while financials joining the fray, the big heavy weights doing the damage limitation to slightly holding the base.
US inflation data is due later in the day, expiry and tomorrow holiday, markets close is more important than the start. Close Convey's the commitment of the market to take the positions home.
Japan PPI slightly mixed no real mover. Bank of Canda interest rate decision, though no change is expected. Press Conference can throw some lights.
Another one to watch is the FOMC Minutes.
Support 48450-48280
Supply 48880-49000-49150
The negativity is not that great, note this space has the habit of taking U turn from the peak or troughs that is what it has been doing. Though the ranges slowly inch higher than lower.
The one change the one has to notice.
PSU pack on profit taking while financials joining the fray, the big heavy weights doing the damage limitation to slightly holding the base.
US inflation data is due later in the day, expiry and tomorrow holiday, markets close is more important than the start. Close Convey's the commitment of the market to take the positions home.
Japan PPI slightly mixed no real mover. Bank of Canda interest rate decision, though no change is expected. Press Conference can throw some lights.
Another one to watch is the FOMC Minutes.
Support 48450-48280
Supply 48880-49000-49150
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