Equity snapshot (indices)

Equities are trading in consolidation as FED looms ahead. Performance this week at a glance in chart & table -

S&P 500 -

• S&P is treading above 2100 mark. Today's range 2105-2095.
  
• FED is likely to add volatility in the equities.
  
  
• Dovish FED is likely to push the index higher.
  
  
• S&P 500 is currently trading at 2101. Immediate support lies at 1980, 2040 and resistance 2164.

FTSE -

• FTSE has broken below key support area of 6700, however hovering around it, awaiting further cues. Today's range 6730-6660. FTSE is facing key support level test as FED approaches.
  
• Wage growth today rose by 2.7%, though unemployment rate remained flat at 5.5%. BOE minutes show policymakers remain unanimous over current policy decision.
  
  
• FTSE is currently trading at 6705. Immediate support lies at 6050 and resistance at 7000.                            

DAX -

• DAX is almost flat, ahead of key policy decision from FED and Euro group finance ministers meeting tomorrow.

• DAX is currently trading at 11040. Today's range 10940-11115. Immediate support lies at 10730, 10500 and resistance at 11500 around.

EuroStxx50 -

• Stocks across Europe are all mixed awaiting FED decision.

• Germany is up (+0.09%), France's CAC40 is down (-0.35%), Italy's FTSE MIB is down (-0.11%) and Spain's IBEX is down (-0.25%).

• EuroStxx50 is currently trading at 3443, down -0.40% today. Support lies at 3300 and resistance at 3760.

Nikkei -

• Nikkei is gaining grounds as Yen weakens, however trading flat ahead of FED policy.

• Nikkei is currently trading at 20240. Key support is at 19500 and resistance at 20900 area.