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Equity snapshot (indices)

Equities are trapped under Greece drama. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is down today as Greek uncertainty continue to persist. Today's range 2126-2109.
  • US GDP for first quarter contracted by -0.2%. with core personal consumption expenditure growing at 0.8%

  • MBA mortgage application rose by 1.6% for the week.

  • S&P 500 is currently trading at 2109. Immediate support lies at 1980, 2040 and resistance 2164.

FTSE -

  • FTSE rose as pound weakened today. Today's range 6870-6830.
  • FTSE is currently trading at 6844. Immediate support lies at 6700, 6050 and resistance at 7000. 6750 area is likely to provide resistance.                          

DAX -

  • DAX is losing grounds as Greek deal still remains far-fetched idea. Today's range 11590-11360
  • DAX is currently trading at 11408. Immediate support lies at 10730, 10500 and resistance at 11500 around.

EuroStxx50 -

  • Stocks across Europe are all trading in red, bias remains downwards if Greek crisis is not contained will turn bullish if solution is reached.
  • Germany is down (-0.63%), France's CAC40 is up (-0.24%), Italy's FTSE MIB is down (-0.63%).
  • EuroStxx50 is currently trading at 3492, down -1.15% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Nikkei moved above 18 year high today, however the party soured as Greek failed to reach a solution with bailout monitors.
  • Nikkei is currently trading at 20750. Key support is at 19500 and resistance at 20900 area.

S&P500

+0.19%

FTSE

+2.23%

DAX

+3.42%

EuroStxx50

+4.15%

Nikkei

+3.12%

 

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