Equity snapshot (indices)

Equities are pairing losses after massive loss since last week. Performance this week at a glance in chart & table -

S&P 500 -

• S&P is up today, looking to move above 2100 mark. Today's range 2092-2081.
  
• Weak dollar providing support to the index as risk aversion subsided.
  
  
• S&P 500 is currently trading at 2090. Immediate support lies at 1980, 2040 and resistance 2164.

FTSE -

• FTSE is bouncing back from support. Today's range 6783-6734.

• FTSE is currently trading at 6782. Immediate support lies at 6700 and resistance at 7120.                    

DAX -

• DAX is bouncing back after completing 11% correction from high. Greek debt drama and rising bund yields remain concern

• DAX is likely to move towards 10550 area, since 1100 mark was broken. However DAX remains fundamental buy.

• DAX is currently trading at 11132. Immediate support lies at 10500 and resistance at 11500 around.

EuroStxx50 -

• Stocks across Europe are all trading in green today. Risk aversion subsided.

• Germany is up (+1.1%), France's CAC40 is up (+0.55%), Italy's FTSE MIB is up (+1.42%) and Spain's IBEX is up (+0.43%).

• EuroStxx50 is currently trading at 3487, up 1.45% today. Support lies at 3450, 3300 and resistance at 3760.

Nikkei -

• Nikkei remains worst performer today as bank of Japan's (BOJ) Governor Mr. Kuroda suggested Yen level to be weak enough and shrugged off the possibility of further weakness.

• Nikkei is currently trading at 20140. Key support is at 19500 and resistance at 20900 area.