Skip to content

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

FTSE 100, DAX 40 and S&P 500 bounce off Tuesday’s lows ahead of US CPI and FOMC

Outlook on FTSE 100, DAX 40 and S&P 500 amid US inflation print and Fed dot plot.

Source: Getty Images

FTSE 100 in recovery mode despite flat month-on-month GDP growth

The FTSE 100 recovered from Tuesday’s 8,115 low despite UK GDP seeing its weakest performance in four months, as a drop in industrial output and construction offset a rise in services. A further rise will likely depend on US CPI data and the outcome of today’s FOMC meeting.

For the bulls to be back in control, a rise above Tuesday’s high at 8,266 would need to occur.

Potential slips may find support along the 55-day simple moving average (SMA) at 8,162, ahead of the 8,138 to 8,115 late May and current June lows.

Source: ProRealTime

DAX 40 bounces off one-month low

The DAX 40 is seen recovering from Tuesday’s 18,278 one-month low ahead of US inflation data and today’s Fed meeting. A rise above Tuesday’s high at 18,552 is needed, for a bullish reversal to gain traction.

Minor support is seen between the late May and early June lows at 18,379 to 18,361, ahead of the 55-day simple moving average (SMA) at 18,352. Provided that this week’s low at 18,278 underpins, a rise back towards the 18,700 region may ensue. Failure at 18,278 would put the 18,238 late April high on the cards, though.

Source: ProRealTime

S&P 500 trades in record highs ahead of US CPI and FOMC

The S&P 500 trades in all-time highs around the 5,380 mark ahead of today’s US inflation print and the culmination of the FOMC meeting. While Tuesday’s low at 5,327 underpins, the 5,400 mark remains in sight.

Potential slips may find support around last week’s 5,376 high, ahead of Friday’s and Tuesday’s 5,327 to 5,320 lows. While these hold, the short-term uptrend stays intact.

Source: ProRealTime

Related articles

Live prices on most popular markets

  • Equities
  • Indices
  • Forex
  • Commodities


Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.


You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.