Archives of “Global Indices” Category

European Indices Closed in Deep RED

Closing changes for the major bourses:

  • UK FTSE -3.0%
  • German DAX -2.6%
  • Italy MIB -2.2%
  • French CAC -2.6%
  • Spain IBEX -2.8%

German Bund yields were up 0.5 bps in the second day of gains despite the turmoil.

European Indices Melting Like ICE

Risk? Not today thanks.

Following yet another set of data that hints China’s industrial engine has firmly slowed down, investors are fleeing from European equities while also herding into the perceived shelter of the eurozone common currency and the Japanese yen

A government survey showed earlier in the day that activity in China’s manufacturing sector is contracting at its fastest pace in three years, leading some analysts to predict the world’s second biggest economy will not meet the 7 per cent annual growth target mandated by the Beijing leadership.

European stock markets opened broadly lower, but that sell-off has now deepened. Here is how trading is currently:

  • The Eurofirst 300 is down 2.6 per cent, or 37 points, to 1,395 points.
  • Germany’s Xetra Dax index is down 2.5 per cent, or 257 points, to 10,000.
  • The UK’s FTSE 100 has dropped by 2.3 per cent, or 144 points, to 6,104.
  • In France, the CAC 40 has fallen by 2.4 per cent, or 109 points, to 4,543.

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Nikkei closes -3.84% at 18165.69 (-725 POINTS ).Now S&P 500 Future Down 33 points.

sumo animated GIFJapan stock market close 1 September 2015

  • -724.79 points

It’s not looking good for the European open with futures pointing to sizeable losses in Europe

The FTSE is seen opening down 1.6%, Dax down 2.2%, Cac -2.1% and Estoxx -2.3%

In China the SSE is -1.74% and HS -0.7%

S&P futs are showing -33 points

It’s looks like we’re seeing another bout of risk off and the buck is losing out again

USDJPY has just dropped to 120.43 and the euro is up at 1.1289       

CRB INDEX -Above 198.94 level ,Bulls will have Upperhand.


Above is Weekly CHART of CRB Index

Above 198.94 level ………..No worry for Bulls.

Target :207.23—209.99 level very soon.

More Details to our Subscribers ,Updated at 6:02/01st Sept/Baroda

CNX NIFTY INDEX -Hurdle at 8099 ,LaxmanRekha at 8153


Above is Daily Chart of CNX NIFTY

Hurdle at 8099—————8153

On Friday it kissed High of 8091.80  & Crashed Vertically.

Closed at 8001.95

Support @ 7993———-7967 level.

Break Below 7967 with volumes and sustains will create PANIC upto 7887—-7861 level.

Traders Watch :8026-8034…..If crosses will show Power upto 8066 level.

101% More Details to our Subscribers :Tomorrow Morning.

Updated at 21:04/30th August/Baroda/India