Thursday, November 17, 2011

Europe and Dow futures.

UK's FTSE is set to open down by 30 points.(Retail sales data in UK will be announced today.I expect it to be down).

Germany's DAX and France's CAC futures are down by around 0.6% (French and Spanish Bond auction to take place today.If the yields move up, we may see a sharp downturn in the indices)

Dow Futures is trading 35 points up.( US Jobless data to be released later today.Considering the recent economic data, I expect it to be better).


Alex sir feels that Wipro may face selling pressure.