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Equity snapshot (indices)

Equities are all trading in red today as risk off sentiment returned over Chinese sell offs today. Performance this week at a glance in chart & table -

S&P 500 -

  • S&P is down today, as Chinese stocks dropped by 8.5%. Today's range 2087-2063.
  • US durable goods order rose by 3.4% in June but only 0.8% excluding transport.

  • S&P 500 is currently trading at 2070. Immediate support lies at 1980, 2040 and resistance 2150.

FTSE -

  • FTSE after initial fight back, joined global equities in sell offs. Today's range 6590-6490.
  • CBI report showed deterioration in UK's manufacturing sector.

  • FTSE is currently trading at 6503. Immediate support lies at, 6050, 6450 and resistance at 6850, 7000.                                   

DAX -

  • DAX is sharply down today as Euro gained. Today's range 11770-11580.
  • German IFO business climate rose to 108 along with other indicators. Import prices dropped by -0.5% in June.
  • DAX is currently trading at 11050. Immediate support lies at, 10500-10600 area and resistance at 11800 around.

EuroStxx50 -

  • Stocks across Europe are all trading in red today over risk aversion.

  • Germany is down (-2.6%), France's CAC40 is down (-2.40%), Italy's FTSE MIB is down (-3.1%), Portugal's PSI 20 is down (-1.75%), Spain's IBEX is down (-1.30%)
  • EuroStxx50 is currently trading at 3510, down by -1.75% today. Support lies at 3300 and resistance at 3760.

Nikkei -

  • Nikkei is down today, joining global sell off amid Chinese rout.
  • Stronger Yen and global equity sell off pushed the index future lower in New York session.
  • Nikkei is currently trading at 20140, with support around 20000 and resistance at 21000.

S&P500

+0.14%

FTSE

+0.21%

DAX

+0.44%

EuroStxx50

+0.49%

Nikkei

+0.00%

 

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