SUMMARY
- Wall St closed 0.3% lower, as uncertainty over the fiscal cliff continued in spite of positive news. Industrial production jumped 1.1% in November. CPI eased 0.3%.
- Dow of 13,135, has retreated from the overhead resistance of 13,330. Support is at 12,900. RSI of 54 is down.
- DOLLAR INDEX is lower at 79.6. Resistance is at 81.2.
- Crude oil is higher at USD86.7. Resistance is at 93.0.
- Dollar yen is higher at 84.0 yen. Resistance is at 84.0.
- Euro/dollar is higher at 1.316. Resistance is at 1.317.
- Gold is lower at USD1695. Support is at 1643.
- Shanghai closed higher at 2150.
- Singapore STI closed higher at 3,168.
- Ringgit is weaker at 3.050. Downside is at 3.09.
- S’pore ringgit is higher at 2.505. Upside is at 2.540.
- Malaysian market closed lower at 1651. On the Daily chart, it has been capped at the overhead resistance of 1658, indicating a likely pullback. Support is at 1635. Today’s range is between 1648 and 1656.
- CPO Feb futures is higher at RM2275. Support is at 2210.
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