Caution is king
Stock move cautiously higher
Share this:
London stock markets opened flat, still cautious after Wall Street recovered from sharp losses on the previous day, thanks to efforts by the US and China to de-escalate trade tensions. UK asset manager Standard Life Aberdeen, reported a 5% first-half increase in assets, but slipped to the bottom of the FTSE 100 with its shares losing just over 4%. A similar loss for Glencore, which has had a tough year so far, with possible fines from regulators of as much as $8bn ahead.
Life and pensions consolidator Phoenix Group was top of the gainers on FTSE 100, gaining 1.49% on the back of strong first half results. InterContinental Hotels posted a rise in half-year profit yesterday and raised its dividend.
Recession fears
European stock markets were up this morning, while German industrial production slumped 1.5% in June, against expectations of 0.4%. Surveys suggest the German economy is heading for a further contraction in July, raising fears that Europe’s biggest economy may be heading for a recession.
Asian markets recovered some balance after China’s central bank moved to soothe market sentiment by setting a daily reference point for the yuan at 6.9996 per the dollar, just shy of the key level of 7 per dollar.
Life and pensions consolidator Phoenix Group was top of the gainers on FTSE 100, gaining 1.49% on the back of strong first half results. InterContinental Hotels posted a rise in half-year profit yesterday and raised its dividend.
Recession fears
European stock markets were up this morning, while German industrial production slumped 1.5% in June, against expectations of 0.4%. Surveys suggest the German economy is heading for a further contraction in July, raising fears that Europe’s biggest economy may be heading for a recession.
Asian markets recovered some balance after China’s central bank moved to soothe market sentiment by setting a daily reference point for the yuan at 6.9996 per the dollar, just shy of the key level of 7 per dollar.
London stock markets opened flat, still cautious after Wall Street recovered from sharp losses on the previous day, thanks to efforts by the US and China to de-escalate trade tensions. UK asset manager Standard Life Aberdeen, reported a 5% first-half increase in assets, but slipped to the bottom of the FTSE 100 with its shares losing just over 4%. A similar loss for Glencore, which has had a tough year so far, with possible fines from regulators of as much as $8bn ahead.
Life and pensions consolidator Phoenix Group was top of the gainers on FTSE 100, gaining 1.49% on the back of strong first half results. InterContinental Hotels posted a rise in half-year profit yesterday and raised its dividend.
Recession fears
European stock markets were up this morning, while German industrial production slumped 1.5% in June, against expectations of 0.4%. Surveys suggest the German economy is heading for a further contraction in July, raising fears that Europe’s biggest economy may be heading for a recession.
Asian markets recovered some balance after China’s central bank moved to soothe market sentiment by setting a daily reference point for the yuan at 6.9996 per the dollar, just shy of the key level of 7 per dollar.
Life and pensions consolidator Phoenix Group was top of the gainers on FTSE 100, gaining 1.49% on the back of strong first half results. InterContinental Hotels posted a rise in half-year profit yesterday and raised its dividend.
Recession fears
European stock markets were up this morning, while German industrial production slumped 1.5% in June, against expectations of 0.4%. Surveys suggest the German economy is heading for a further contraction in July, raising fears that Europe’s biggest economy may be heading for a recession.
Asian markets recovered some balance after China’s central bank moved to soothe market sentiment by setting a daily reference point for the yuan at 6.9996 per the dollar, just shy of the key level of 7 per dollar.
Open an account in minutes
Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 0.3 pts on indices.
Economic calendar
Web Trader platform
Our sophisticated web-based platform is packed with features.
Related articles
SK Hynix IPO: Everything You Need to Know About SK Hynix
Learn everything you need to know about the SK Hynix IPO, including its Nasdaq listing, valuation, financials, ownership, competitors and investment risks.
FTSE 100 and GBP/USD forecast: UK data gives BoE March cut a further boost
The FTSE 100 edged higher to close in on last week’s record, as the pound weakened following the release of UK wages and Jobs data that puts a March rate cut firmly on the table, barring any surprises in tomorrow’s inflation report. Unless we see a sharp turnaround in data, I would be expecting another rate cut in June, and possibly more in the summer if inflation risks ease. This should keep the longer term FTSE 100 forecast firmly supported and keep a lid on sterling.
FTSE 100 forecast - Indices weekend outlook | February 16, 2026
With the US out on Monday for Presidents’ Day and China celebrating Spring Festival all week, it makes sense to focus on European markets to start the week off. So the FTSE 100 forecast is in focus for this week’s weekend indices outlook. We have plenty of UK, European and US earnings to look forward to as the week progresses, while key data from the UK and US will make rate cut expectations a key talking point on both sides of the pond.
This report is intended for general circulation only. It should not be construed as a recommendation, or an offer (or solicitation of an offer) to buy or sell any financial products. The information provided does not take into account your specific investment objectives, financial situation or particular needs. Before you act on any recommendation that may be contained in this report, independent advice ought to be sought from a financial adviser regarding the suitability of the investment product, taking into account your specific investment objectives, financial situation or particular needs.
StoneX Financial Pte. Ltd., may distribute reports produced by its respective foreign entities or affiliates within the StoneX group of companies or third parties pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the report is distributed to a person in Singapore who is not an accredited investor, expert investor or an institutional investor (as defined in the Securities Futures Act), StoneX Financial Pte. Ltd. accepts legal responsibility to such persons for the contents of the report only to the extent required by law. Singapore recipients should contact StoneX Financial Pte. Ltd. at 6826 9988 for matters arising from, or in connection with the report.
In the case of all other recipients of this report, to the extent permitted by applicable laws and regulations neither StoneX Financial Pte. Ltd. nor its associated companies will be responsible or liable for any loss or damage incurred arising out of, or in connection with, any use of the information contained in this report and all such liability is hereby expressly disclaimed. No representation or warranty is made, express or implied, that the content of this report is complete or accurate.
StoneX Financial Pte. Ltd. is not under any obligation to update this report.
Trading CFDs carries a high level of risk that may not be suitable for some investors. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice. Visit www.forex.com/en-sg/terms-and-policies for the complete Risk Disclosure Statement.