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Equity snapshot (indices)

Equities are trading in consolidation, dovish FED failed to boost risk on as Greek drama weighs. Performance this week at a glance in chart & table - S&P 500 - S&P is treading above 2100 mark, boosted by dovish FOMC comm…

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Equity snapshot (indices)
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Equities are trading in consolidation, dovish FED failed to boost risk on as Greek drama weighs. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is treading above 2100 mark, boosted by dovish FOMC commentary. Today's range 2117-2090.

  • Consumer price index (CPI) rose 0.4% m/m in May and failed to rise on yearly basis. Core CPI rose 0.1% m/m in May and 1.7% on yearly basis.

  • S&P 500 is currently trading at 2116. Immediate support lies at 1980, 2040 and resistance 2164.

FTSE -

  • FTSE has broken below key support area of 6700. Today's range 6700-6625.
  • Retail sales grew 4.6% from a year ago.

  • FTSE is currently trading at 6690. Immediate support lies at 6050 and resistance at 7000. 6700 area is likely to provide resistance.                                    

DAX -

  • DAX is trading with downside bias. Today's range 10800-11040.
  • DAX is currently trading at 11030. Immediate support lies at 10730, 10500 and resistance at 11500 around.

EuroStxx50 -

  • Stocks across Europe are all trading in green, bias remains downwards.
  • Germany is up (+0.51%), France's CAC40 is up (+0.11%), Italy's FTSE MIB is up (+0.68%) and Spain's IBEX is up (+0.32%).
  • EuroStxx50 is currently trading at 3428, up +0.53% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Nikkei is consolidating as Yen remains relatively stronger.
  • Nikkei is currently trading at 20140. Key support is at 19500 and resistance at 20900 area.

S&P500

+1.05%

FTSE

-1.36%

DAX

-1.48%

EuroStxx50

-2.20%

Nikkei

-0.88%

 

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