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| UK 100 Leaders | Close | Chg | % Chg | % YTD |
| Vodafone Group PLC | 223.9 | 8 | 3.71 | 31.44 |
| Reckitt Benckiser Group PLC | 4812 | 155 | 3.33 | 12.72 |
| Glencore Xstrata PLC | 322.5 | 9.5 | 3.04 | -17.07 |
| Aviva PLC | 453.2 | 13.3 | 3.02 | 28.39 |
| Sports Direct International PLC | 701.5 | 20.5 | 3.01 | 66.55 |
| Persimmon PLC | 1340 | 39 | 3 | 55.36 |
| Burberry Group PLC | 1484 | 42 | 2.91 | 3.78 |
| Travis Perkins PLC | 1825 | 51 | 2.87 | 46 |
| UK 100 Laggards | Close | Chg | % Chg | % YTD |
| Randgold Resources Ltd | 4336 | -70 | -1.59 | -29.89 |
| AstraZeneca PLC | 3815.5 | -61.5 | -1.59 | 24.65 |
| Fresnillo PLC | 782.5 | -9.5 | -1.2 | -53.53 |
| Associated British Foods PLC | 2859 | -24 | -0.83 | 60.98 |
| Johnson Matthey PLC | 3215 | -15 | -0.46 | 42.45 |
| RSA Insurance Group PLC | 103.3 | -0.3 | -0.29 | -20.48 |
| TUI Travel PLC | 423.8 | -0.6 | -0.14 | 39.59 |
| Centrica PLC | 313 | 0 | 0 | -8.93 |
| Major World Indices | Mid/Close | Chg | % Chg | % YTD |
| UK UK 100 | 6,558.28 | 100.39 | 1.55 | -3.97 |
| UK | 15,789.90 | 228.52 | 1.47 | -2.45 |
| FR CAC 40 | 4,188.10 | 70.31 | 1.71 | -3.22 |
| DE DAX 30 | 9,256.58 | 140.26 | 1.54 | -4.99 |
| US DJ Industrial Average 30 | 15,628.50 | 188.27 | 1.22 | -5.04 |
| US Nasdaq Composite 100 | 4,057.12 | 45.57 | 1.14 | -3.35 |
| US S&P 500 | 1,773.43 | 21.79 | 1.24 | -3.55 |
| JP Nikkei 225 | 14,462.41 | 307.29 | 0.02 | -11.23 |
| HK Hang Seng Index 48 | 21,636.85 | 213.72 | 0.01 | -7.16 |
| AU S&P/ASX 200 | 5,166.53 | 35.13 | 0.01 | -3.47 |
| Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
| Crude Oil, US Light Sweet ($/barrel) | 97.695 | -0.215 | -0.22 | 3.61 |
| Crude Oil, Brent ($/barrel) | 107.375 | 0.49 | 0.46 | 1.01 |
| Gold ($/oz) | 1260.95 | 4.55 | 0.36 | 0.59 |
| Silver ($/oz) | 19.8525 | -0.0675 | -0.34 | -2.25 |
| Platinum ($/oz) | 1387.1 | 10.3 | 0.75 | -4.77 |
| GBP/USD – US$ per £ | 1.633 | – | 0.05 | -0.57 |
| EUR/USD – US$ per € | 1.3586 | – | -0.04 | 0.33 |
| GBP/EUR – € per £ | 1.2019 | – | 0.09 | -0.92 |
Click graph to enlarge
See Live Macro Calendar for full data line-up, incl. consensus expectations
UK 100 called to open +25pts at 6488 as traders take a lead from gains in Asian and US markets overnight. Better than expected weekly jobless data helped pushed the Dow Jones higher by 188 points to 15,628 whilst the S&P added 22 points 1,773.
In Asia, Japan’s Nikkei was by far the best performer, up 307 points and above the psychological 14,000 level. China’s Hang Seng also did well, up 213 points at 21,636.
In focus today, eyes will no doubt be on non-farm payroll figures due out at 13:30 from the states. Expectations are for a figure of 188,000 for the additions to non-farm payrolls, after an increase of 87,000 in December. The US is set to reach the debt limit today but both House speaker Boehner and House Minority Leader Cantor have assured yesterday that the US will not default! Also keep an eye on Industrial Production figures from the UK and Germany (at 09:30 and 11:00 respectively).
In commodities, Gold continued to push higher trading at $1262, now heading for a weekly gain ahead of Non-Farms data later today. With highs of $1274 seen on January 27th will we test this once more.
WTI continued its weekly hot streak having traded above the $98 handle, also heading for weekly gains as stronger-than-forecast economic data bolstered the outlook for fuel demand in the U.S., the world’s biggest oil user.
Following comments from ECBs Draghi yesterday that rates will not be cut in a hurry we saw the EUR/USD spike from $1.34 to above $1.36 in a matter of seconds. Elsewhere USD is trading pretty flat against major counterparts ahead of jobs data at 13:30pm, with GBP/USD at $1.634. Over in Australia we saw the RBA raise economic growth and inflation forecast for 2014 with AUD/USD trading at $0.894 level having fallen 5% alone in the last 3 months.
The UK 100 ’s two-day bounce now leaves us at one-week highs with 6,600 being the first significant resistance to the updside. 6,500 and then 6,400 become support on the downside however I predict that until we see non-farm payroll data from the US later today, markets may be a little subdued (famous last words).
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