Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
 - EconoTimes)
Stocks performances are mixed after FOMC. US equities sailed back to gains while Europeans suffer.
- S&P 500 - US benchmark sailed back to gains after FOMC however struggling at its all-time high. Chicago FED national activity index came at -0.11, worse than previous 0.13. Existing home sales increased by 1.2% mom in February. Number came at 4.88 million. SPX500 is currently trading at 2110, up 0.16% for the day. Immediate support lies at 2040, 2080 and resistance 2120, 2164.
- FTSE - FTSE, is treading water after breaking above 7000 successfully. UK CBI industrial trend survey number came at 0 compared to previous 10. FTSE is currently trading at 7026. Support lies at 6700, 6920.
- DAX - DAX, is taking a hit so far this week, due to profit booking. DAX is currently trading at 11887, down by 1.3% today. Immediate support lies at 11740, 11390 and resistance at 12000, 12200.
- EuroStxx50 - Stocks across Europe hit by selling as tensions rises over Greece. Germany is down (-1.3%), France's CAC40 is down (-0.8%), and Italy's FTSE MIB is down (-0.40%) whereas Spain's IBEX is up (0.13%). EuroStxx50 is currently trading at 3690, down -0.90% today.
Support lies at 3635, 3545. - Nikkei - Nikkei is top performer this week and might move towards its target of 20,800. Nikkei is trading at 19730. Immediate support lies at 19220, 18570.
|
S&P500 |
0.09% |
|
FTSE |
0.14% |
|
DAX |
-1.36% |
|
EuroStxx50 |
-0.81% |
|
Nikkei |
0.31% |
