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Equity snapshot (indices)

Another devaluation from China soured equities. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P sharply down further today due to sell offs over China's action to devalue currencies for second consecutive day. Today's range 2090-2051.

  • S&P 500 is currently trading at 2060. Immediate support lies at 1980, 2040 and resistance 2150.

FTSE -

  • FTSE is down due to miners' drag and global risk aversion. Today's range 6678-6534.
  • FTSE is currently trading at 6580. Immediate support lies at, 6050, 6450 and resistance at 6850, 7000.
  •                               

DAX -

  • DAX is down by -3.4% as investors dump equities over second consecutive devaluation from China. Today's range 11305-10890.
  • DAX is currently trading at 11930. Immediate support lies at, 10500 area and resistance at 11800 around.

EuroStxx50 -

  • Stocks across Europe are trading red today amid global risk aversion.
  • Germany is down (-3.4%), France's CAC40 is down (-3.6%), Italy's FTSE MIB is down (-3%), Portugal's PSI 20 is down (-1.1%), Spain's IBEX is down (-2.3%)
  • EuroStxx50 is currently trading at 3486, down by -3.4% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Stronger Yen provided additional drag on Nikkei today, amid global selloffs over Chinese devaluation of Yuan.

  • Nikkei is currently trading at 20110, with support around 20000 and resistance at 21000.

S&P500

-0.87%

FTSE

-2.58%

DAX

-5.06%

EuroStxx50

-4.83%

Nikkei

-2.62%

 

  • Market Data
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