Today's Main Events
- 10:00 EURO GDP
- 12:00 US Mortgage Applications
- 13:15 US ADP Employment Change
- 15:00 US Factory Orders
- 16:30 UK UK Index Index Quarterly Rebalance
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 |
Serco Group PLC | 630.5 | 51.5 | 8.9 | 17.85 |
John Wood Group PLC | 818 | 60 | 7.9 | 12.59 |
Xstrata PLC | 1174 | 74.5 | 6.8 | 10.86 |
Glencore International PLC | 391.2 | 21.25 | 5.7 | 11.36 |
Eurasian Natural Resources Corporation PLC | 340.5 | 13.2 | 4 | 19.89 |
Rio Tinto PLC | 3438.5 | 122.5 | 3.7 | -2.08 |
CRH PLC | 1514 | 53 | 3.6 | 21.31 |
Antofagasta PLC | 1095 | 37 | 3.5 | -17.3 |
UK 100 Laggards | Close | Chg | % Chg | % YTD |
Intu Properties PLC | 334 | -5.1 | -1.5 | -4.63 |
Admiral Group PLC | 1267 | -9 | -0.7 | 9.22 |
SSE PLC | 1461 | -8 | -0.5 | 3.03 |
Centrica PLC | 360.5 | -0.9 | -0.2 | 8.06 |
Rexam PLC | 519.5 | -0.5 | -0.1 | 19.15 |
Shire PLC | 2090 | -2 | -0.1 | 10.76 |
British American Tobacco PLC | 3566 | 2 | 0.1 | 14.26 |
Sainsbury (J) PLC | 344.9 | 0.2 | 0.1 | -0.06 |
Major World Indices | Mid/Close | Chg | % Chg | % YTD |
UK UK 100 | 6431.95 | 86.32 | 1.36 | 9.06 |
UK | 13861.3 | 186.77 | 1.37 | 12.01 |
FR CAC 40 | 3787.19 | 77.43 | 2.09 | 4.01 |
DE DAX 30 | 7870.31 | 178.63 | 2.32 | 3.39 |
US DJ Industrial Average 30 | 14253.8 | 126 | 0.89 | 8.77 |
US Nasdaq Composite 100 | 3224.13 | 42.1 | 1.32 | 6.78 |
US S&P 500 | 1539.79 | 14.59 | 0.96 | 7.97 |
JP Nikkei 225 | 11932 | 248 | 2.13 | 14.78 |
HK Hang Seng Index 48 | 22777 | 217 | 0.96 | 0.53 |
AU S&P/ASX 200 | 5116 | 41.43 | 0.82 | 10.05 |
Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
Crude Oil, US Light Sweet ($/barrel) | 91.04 | 0.22 | 0.24 | -0.82 |
Crude Oil, Brent ($/barrel) | 111.875 | 1.11 | 1 | 0.54 |
Gold ($/oz) | 1577.8 | 1.2 | 0.08 | -5.84 |
Silver ($/oz) | 28.78 | 0.015 | 0.05 | -5.14 |
Platinum ($/oz) | 1597.65 | 3.65 | 0.23 | 3.47 |
GBP/USD – US$ per £ | 1.5134 | – | -0.02 | -6.82 |
EUR/USD – US$ per € | 1.3056 | – | 0.07 | -1.08 |
GBP/EUR – € per £ | 1.159 | – | -0.09 | -5.89 |
See Live Macro Calendar for full data line-up, incl. consensus expectations
City of London will be hosting its annual Wealth Management awards next month.
We hope your experience with Accendo Markets over the past 12 months warrants a vote in the following category; “BEST EXECUTION ONLY CFD PROVIDER”
—————————————————————————————————————————–
UK 100 called to open slightly higher (+8-10) this morning as markets pause for breath after the strong gains in worldwide markets yesterday. In the US, the Dow Jones rallied to new all-time highs, closing up 126 points at 14,254 whilst the Nasdaq was up 42 points at 3,224. US markets were helped higher as the service industry expanded at the fastest pace in a year and investors bet central banks will continue stimulus measures. In Asia, the Hang Seng closed up 211 points at 22,772 whilst the Nikkei was recently up 215 points at 11,900.
In focus today, will be data from the US (Mortgage Applications, ADP employment data and weekly oil stocks). Check our Live Macro calendar for full details/times etc. Keep an eye on the insurance sector as final results from Admiral Group and Legal & General amongst some of the companies reporting.
UK 100 tested broke the key 6,400 level as well as breaking new recent highs to trade at around 6,435. Will the UK Index now push towards 6,500 or will we see some selling pressure? Check our UK Index Focus due out later this morning for a better idea of technical levels to watch.
In FX, Sterling, GBP/USD and GBP/EUR have both come off slightly since yesterday, trading at 1.512 and 1.158 vs the £ respectively.
In commodities, Gold currently up $3 at $1578, fairly unchanged since yesterday. In Oils, US Light Crude is up a little, trading at $91.35 a barrel. Brent Crude followed suite, trading at $111.70.
For any help you may require placing trades or in terms of market information, put a call in to our trading floor – all part of the service.
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