Monday, July 14, 2008

Breaking News-Malaysia's Anwar snubs police, risks arrest

KUALA LUMPUR, July 14 (Reuters) - Malaysian opposition figure Anwar Ibrahim refused to meet police on Monday over sodomy accusations against him, his lawyer said, challenging the authorities to serve an order on him.

FCPO remained in range bound mode

FCPO prices rebounded to hit high at 3582, attempting to challenge the gap between 3595-3630 left over in hourly chart, but it failed, the resistance between the gap remains strong, may need to consolidate and gather more base before it try again.

FKLI slides off after covered gap

FKLI covered the gap between 1130-1143 and began to eased off, testing the underline support between 1115-1120. Near term may want to consolidate and trade side ways.

KLCI in consolidation phase after covered gap