Articles tagged with "uk-100"

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.

Last week saw the technology sector take a plunge, before dip buyers stepped in on Friday to save the day, helping to fuel a late rally on Wall Street. In Europe, the major indices also came off their earlier lows to close either flat or in the positive. In the week ahead, the global macro calendar is lighter, with US market closed on Tuesday in observance of Veterans Day.

Investors are also expecting further rate cuts from major central banks, even if there was a bit of hawkish repricing of US interest rates following Powell’s comments at the FOMC presser last week. Still, easing of monetary policy is driving stocks higher, while the recent extension of a trade truce between the US and China means appetite for AI-related stocks remains strong, with earnings also largely being positive this reporting season.

Last week saw the FTSE shake off its short-term bearish spell, and looked set to have another go at that August record just above 9,360, only for a last minute turnaround late in the day on Friday to spoil the bullish party.

n this version of Technical Tuesday, we’re looking at the key drivers shaping global markets, UK economic data, and what technical signals are telling us about the near-term FTSE 100 forecast. Markets were quite quiet in the early parts of Tuesday’s trade, awaiting the release of key US CPI report, which later came in slightly lower than expected and that was enough to send US futures sharply higher....

European equities extended their recent rally, with the DAX leading the charge to rise 1% and hit a new record high. Gains were coming largely from defence stocks amid recent government pledges to ramp up military expenditure.

FTSE 100 rises for a sixth day despite more tariff threats. EUR/USD stalls on Trump’s tariff uncertainty.

The FTSE 100 is hoping to end its longest losing streak since mid-2019 today.

London-listed travel stocks are on the rise today as demand remains buoyant, although it isn’t proving enough to stop the FTSE 100 hitting fresh two-week lows.

Markets are digesting a flurry of results and updates out from the likes of easyJet, Dunelm, Babcock, IDS, Vistry Group, Alphawave and Premier Foods.

The FTSE 100 is on course to lose ground for a third consecutive day as AO World shares rise after it escaped the red.

The Sainsbury’s share price is trading lower despite sales beating expectations in the first quarter.