The clear rejection of the Brexit deal by the British Parliament did not disturb price action much yesterday as we closed higher but the 11k remains a massive hurdle. Yesterday evening, the British parliament backed British Prime Minister Theresa May, again, passing the vote of no confidence.
On the corporate side, Deutsche Bank is increasingly the focus of investors. The potential merger with Commerzbank drives the share price of the DAX company. On Thursday Beiersdorf and the Metro publish first sales figures. And on Wall Street, the earnings season is picking up on numbers from Morgan Stanley, Netflix and American Express.
Key Levels
DAX | FTSE | DOW | ESTOXX | |
Point of Control : | 10916 | 6861 | 24217 | 3385 |
Value Area High : | 10943 | 6871 | 24289 | 3390 |
Value Area Low : | 10901 | 6850 | 24099 | 3380 |
VWAP : | 10914 | 6868 | 24154 | 3384 |
R2 : | 10996 | 6942 | 24452 | 3415 |
S2 : | 10835 | 6804 | 23847 | 3355 |
Pivot : | 10916 | 6873 | 24150 | 3385 |
Camarilla Breakout (Bull) | 10971 | 6898 | 24332 | 3401 |
Camarilla Breakout (Bear) | 10883 | 6822 | 23999 | 3368 |
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