Today's Main Events
- 08:30 CHF PMI
- 09:30 UK PMI
- 09:30 UK Net Consumer Credit
- 09:30 UK Mortgage Approvals
- 14:45 US ISM
- 19:30 US Fed’s Bernanke Speaks
See Live Macro Calendar for full data line-up, incl. consensus expectations
This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
UK 100 Leaders | Close | Chg | % Chg | % YTD |
Randgold Resources Ltd | 3934 | 144 | 3.8 | -33.88 |
Hargreaves Lansdown PLC | 1405 | 51 | 3.8 | 106.3 |
Ashtead Group PLC | 783.5 | 23.5 | 3.1 | 83.79 |
Associated British Foods PLC | 2488 | 43 | 1.8 | 59.08 |
Royal Mail Group PLC | 579 | 9 | 1.6 | 0 |
Next PLC | 5530 | 80 | 1.5 | 49.1 |
Persimmon PLC | 1256 | 17 | 1.4 | 57 |
Fresnillo PLC | 755 | 9.5 | 1.3 | -59.12 |
UK 100 Laggards | Close | Chg | % Chg | % YTD |
Sage Group (The) PLC | 394.1 | -9.6 | -2.4 | 33.91 |
Rexam PLC | 518 | -12.5 | -2.4 | 18.81 |
Hammerson PLC | 490.4 | -11.6 | -2.3 | 0.43 |
SSE PLC | 1339 | -31 | -2.3 | -5.57 |
Anglo American PLC | 1292 | -28 | -2.1 | -31.78 |
TUI Travel PLC | 404.8 | -8.3 | -2 | 43.29 |
Aberdeen Asset Management PLC | 490 | -10 | -2 | 33.48 |
Unilever PLC | 2436 | -46 | -1.9 | 2.96 |
Major World Indices | Mid/Close | Chg | % Chg | % YTD |
UK UK 100 | 6,717.90 | -31.18 | -0.46 | 13.91 |
UK | 15,919.00 | -16.25 | -0.1 | 28.64 |
FR CAC 40 | 4,227.28 | -68.67 | -1.6 | 16.10 |
DE DAX 30 | 9,400.04 | -152.12 | -1.59 | 23.48 |
US DJ Industrial Average 30 | 16,441.30 | -135.36 | -0.82 | 25.47 |
US Nasdaq Composite 100 | 4,143.07 | -33.52 | -0.8 | 37.21 |
US S&P 500 | 1,831.98 | -16.38 | -0.89 | 28.45 |
JP Nikkei 225 | 16,291.31 | 112.37 | 0.69% | 56.72 |
HK Hang Seng Index 48 | 22,846.51 | -494 | -2.11% | 0.84 |
AU S&P/ASX 200 | 5,350.10 | -18 | -0.33% | 15.08 |
Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
Crude Oil, US Light Sweet ($/barrel) | 95.295 | -0.125 | -0.13 | 3.82 |
Crude Oil, Brent ($/barrel) | 107.945 | -0.61 | -0.56 | -2.99 |
Gold ($/oz) | 1235.85 | 12.55 | 1.03 | -26.24 |
Silver ($/oz) | 20.1625 | 0.1575 | 0.79 | -33.54 |
Platinum ($/oz) | 1411.4 | 8.6 | 0.61 | -8.59 |
GBP/USD – US$ per £ | 1.6434 | – | -0.09 | 1.18 |
EUR/USD – US$ per € | 1.3651 | – | -0.1 | 3.42 |
GBP/EUR – € per £ | 1.2039 | – | 0.02 | -2.25 |
See Live Macro Calendar for full data line-up, incl. consensus expectations
UK 100 called to open down 10 points at 6712, as traders enjoying an extended Christmas break mean we’re likely to see thin volumes today as we did yesterday. The UK 100 celebrates its 30th birthday today having switched from the “FT30” back in 1984. Only 19 of the original 30 companies have remained in the index for the entire three-decade period – including oil giant BP, retailer Marks & Spencer and insurer Prudential.
The Dow Jones closed down 135 points at 16,441, marking its first negative start to a New Year since 2008. The S&P was down 16 points at 1,831. It’s not all doom and gloom however as the Dow Jones recorded its best annual performance in over 16 years!
In Asia, the Nikkei was still closed for the New Year holiday whilst the Hang Seng followed the US markets, closing down 494 points at 22,846.
In focus today we have results from high street retailer Next. Results came in better than expected (upping profit forecasts for 2014) which comes as a relief after the profit warning we saw from Debenhams last week. Macro-data wise, keep an eye on Net Consumer Credit and Mortgage Approvals from the UK at 09:30 this morning. The Fed’s Ben Bernanke is also speaking at 7:30pm this evening.
Gold headed for the biggest weekly gain since October on speculation that demand will increase in Asia, the largest consuming region. Spot gold is currently up $10 $1235.
Crude Oil traded near the lowest level in a month amid speculation that the Federal Reserve will further curb stimulus measures after signs of improvement in the U.S. economy. Crude Oil currently trading $95.41 a barrel whilst Brent Crude trades higher at $107.70.
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See Live Macro calendar for all details
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research