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| UK 100 Leaders | Close | Chg | % Chg | % YTD |
| Randgold Resources Ltd | 4870 | 206 | 4.4 | -18.15 |
| Lloyds Banking Group PLC | 49.13 | 1.64 | 3.5 | 2.54 |
| Royal Bank of Scotland Group (The) PLC | 286.2 | 5.7 | 2 | -11.8 |
| Tate & Lyle PLC | 853 | 15.5 | 1.9 | 11.94 |
| International Consolidated Airlines Group SA | 256.4 | 4.1 | 1.6 | 38.74 |
| British Land Co PLC | 581 | 8.5 | 1.5 | 3.38 |
| Tesco PLC | 368.1 | 5.1 | 1.4 | 9.55 |
| Standard Life PLC | 338.9 | 4.6 | 1.4 | 2.05 |
| UK 100 Laggards | Close | Chg | % Chg | % YTD |
| Evraz PLC | 155.1 | -6.7 | -4.1 | -40.09 |
| AMEC PLC | 965.5 | -34 | -3.4 | -3.74 |
| Melrose Industries PLC | 236.6 | -8 | -3.3 | 5.86 |
| Petrofac Ltd | 1267 | -35 | -2.7 | -21.93 |
| Weir Group PLC | 2074 | -57 | -2.7 | 10.38 |
| Eurasian Natural Resources Corporation PLC | 284.1 | -6.9 | -2.4 | 0.04 |
| Glencore International PLC | 307.4 | -7.3 | -2.3 | -12.5 |
| Xstrata PLC | 937 | -20 | -2.1 | -11.52 |
| Major World Indices | Mid/Close | Chg | % Chg | % YTD |
| UK UK 100 | 6,280.62 | -5.97 | -0.09 | 6.49 |
| UK | 13,591.50 | -25.22 | -0.19 | 9.83 |
| FR CAC 40 | 3,652.13 | 0.17 | 0 | 0.30 |
| DE DAX 30 | 7,478.10 | 18.15 | 0.24 | -1.76 |
| US DJ Industrial Average 30 | 14,567.20 | 19.69 | 0.14 | 11.17 |
| US Nasdaq Composite 100 | 3,233.55 | 27.49 | 0.86 | 7.09 |
| US S&P 500 | 1,562.50 | 7.25 | 0.47 | 9.56 |
| JP Nikkei 225 | 13,568.37 | 251.89 | 1.89 | 30.52 |
| HK Hang Seng Index 48 | 22,020.18 | 8.83 | 0.04 | -2.81 |
| AU S&P/ASX 200 | 4,966.60 | 34.69 | 0.7 | 6.83 |
| Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
| Crude Oil, US Light Sweet ($/barrel) | 88.525 | 0.155 | 0.18 | -3.56 |
| Crude Oil, Brent ($/barrel) | 99.825 | -0.09 | -0.09 | -10.29 |
| Gold ($/oz) | 1424.25 | 2.05 | 0.14 | -15 |
| Silver ($/oz) | 23.055 | -0.27 | -1.16 | -24.01 |
| Platinum ($/oz) | 1430.55 | -1.55 | -0.11 | -7.35 |
| GBP/USD – US$ per £ | 1.5261 | – | 0.1 | -6.04 |
| EUR/USD – US$ per € | 1.3047 | – | 0.14 | -1.15 |
| GBP/EUR – € per £ | 1.1698 | – | -0.03 | -5.02 |
Click graph to enlarge
See Live Macro Calendar for full data line-up, incl. consensus expectations
UK 100 called to open +10pts, recovering the slight loss we saw yesterday after disappointing data from the US.
In Asia, the Hang Seng was down 260 points at 21,784 as data showed Chinese manufacturing had risen slower this month (50.5 vs 51.5 expected). Bear in mind this figure is still above the 50 level which indicates growth. In Japan, the Nikkei was recently down 48 points at 13,520.
In focus today, are US New Home Sales and German/Eurozone PMI Manufacturing, with both seen pretty much stable. Results continue in the UK with big names ARM Holdings reporting Q1 sales better than market consensus. Associated British Foods also beat consensus with their results. Petropavlovsk also reported a 13% rise in gold output and confirms “it’s on target.” Keep an eye on these companies amongst others (Segro/Premier Foods) which have reported this morning for bigger than normal share price moves.
Gold continuing to make ground above $1400, a level which could to become support for any weakness. Resistance likely at $1550 level of support abandoned mid-month. One-week uptrend is still intact.
In Oil, Brent Crude and US Light Crude both continued to rally for the third consecutive session amid continued speculation that the Organisation of the Petroleum Exporting Countries may cut production. US Light Crude trading at $88.87 whilst Brent is trading around $99.70.
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