FTSE 100, DAX 40 and Nasdaq 100 Await US CPI Print​​​

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of US inflation data and FOMC minutes.

​Support is seen along the March-to-April uptrend line at 7,900 and last week’s 7,856 low.​Only a currently unexpected fall through Friday’s low at 7,856 would put the December to mid-March highs at 7,786 to 7,769 back on the map.

​Support sits at last week’s and Tuesday’s lows at 18,085 to 18,059 which, together with the 18,044 mid-March high should hold.​The Nasdaq 100’s recovery from Friday’s low at 17,866 has been bumpy but remains on the cards while Tuesday’s low at 17,969 holds. Below it meanders the 55-day simple moving average at 17,922 and lies last week’s low at 17,866.

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