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% |


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