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| UK 100 Leaders | Close | Chg | % Chg | % YTD |
| Travis Perkins PLC | 1556 | 31 | 2 | 43.01 |
| Land Securities Group PLC | 939 | 12.5 | 1.3 | 15.43 |
| RSA Insurance Group PLC | 123 | 1.5 | 1.2 | -2.15 |
| British Land Co PLC | 591.5 | 7 | 1.2 | 5.25 |
| Schroders PLC | 2260 | 24 | 1.1 | 34.05 |
| Sainsbury (J) PLC | 372.5 | 3.9 | 1.1 | 7.94 |
| Petrofac Ltd | 1237 | 10 | 0.8 | -23.78 |
| Bunzl PLC | 1373 | 11 | 0.8 | 36.08 |
| UK 100 Laggards | Close | Chg | % Chg | % YTD |
| Glencore Xstrata PLC | 256.85 | -17.9 | -6.5 | -26.89 |
| Antofagasta PLC | 784.5 | -50.5 | -6 | -40.75 |
| Fresnillo PLC | 886.5 | -55 | -5.8 | -52 |
| Randgold Resources Ltd | 4050 | -251 | -5.8 | -31.93 |
| Vedanta Resources PLC | 992 | -56 | -5.3 | -14.26 |
| Rio Tinto PLC | 2636 | -121.5 | -4.4 | -24.93 |
| BHP Billiton PLC | 1666.5 | -63 | -3.6 | -21.74 |
| Anglo American PLC | 1217 | -46 | -3.6 | -35.74 |
| Major World Indices | Mid/Close | Chg | % Chg | % YTD |
| UK UK 100 | 6,375.52 | -46.15 | -0.72 | 8.10 |
| UK | 14,266.40 | -52.63 | -0.37 | 15.28 |
| FR CAC 40 | 3,753.85 | -55.46 | -1.46 | 3.10 |
| DE DAX 30 | 7,806.00 | -188.31 | -2.36 | 2.54 |
| US DJ Industrial Average 30 | 15,135.80 | 147.25 | 0.98 | 15.50 |
| US Nasdaq Composite 100 | 3,479.38 | 35.71 | 1.04 | 15.23 |
| US S&P 500 | 1,631.90 | 16.48 | 1.02 | 14.42 |
| JP Nikkei 225 | 14,177.11 | -132.86 | -0.0093 | 36.38 |
| HK Hang Seng Index 48 | 20,423.00 | -431.67 | -0.0207 | -9.86 |
| AU S&P/ASX 200 | 4,817.10 | -24.65 | -0.0051 | 3.62 |
| Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
| Crude Oil, US Light Sweet ($/barrel) | 103.4 | -0.23 | -0.22 | 12.64 |
| Crude Oil, Brent ($/barrel) | 107.965 | 0.95 | 0.89 | -2.97 |
| Gold ($/oz) | 1219.55 | -2.85 | -0.23 | -27.22 |
| Silver ($/oz) | 18.7475 | -0.1075 | -0.57 | -38.21 |
| Platinum ($/oz) | 1332.8 | 4.7 | 0.35 | -13.68 |
| GBP/USD – US$ per £ | 1.488 | – | -0.11 | -8.38 |
| EUR/USD – US$ per € | 1.2817 | – | -0.1 | -2.89 |
| GBP/EUR – € per £ | 1.1608 | – | -0.06 | -5.75 |
Click graph to enlarge
See Live Macro Calendar for full data line-up, incl. consensus expectations
UK 100 called to open up 35 points higher this morning after Andy Murray won Wimbledon!! European bourses more likely taking a lead from both US markets late on Friday evening as well as gains seen from Japan this morning. Last week’s rally in the UK Index saw it have its best weekly gain in six months.
Asian markets overnight were mixed with Nikkei recently up 77 points at 14,387 whilst the Hang Seng was off 431 points at 14,177 as traders fear that the Chinese authorities will not put measures in place to combat slowing economic growth.
In the US, the Dow Jones rallied 147 points to close above 15,000 (15,136) as traders came back to the markets after they were closed for Independence day on Thursday. The S&P closed 17 points higher at 1,632 whilst the Nasdaq was up 35 points at 3,479.
The week as a whole will be fairly quite corporate earnings wise although there is a trading statement from Bovis homes today and results from Barratt Homes later in the week. In terms of macro data today, keep an eye on trade figures from the UK and Germany as well as US consumer confidence figures.
UK 100 broken above recent one-month highs of 6300 and 6400. Despite 6400 being a key psychological level, it has yet to provide any real support technically. Friday’s intra-day spike of 6500 will be the first resistance to the upside whilst 6400 and 6360 provide some support to the downside.
In FX, the US $ rallied against most major currencies on Friday after better than expected non-farm payroll figures. The US Labor Department said the US economy added 195,000 jobs in June, above forecasts of 155,000 while the unemployment rate held steady at 7.6% as more worker entered employment. £ vs $ traded lower at 1.48 whilst the € also traded lower vs the $ at 1.28.
Commodity prices were mixed with oil prices continuing to remain high due to tension in the Middle East, helping crude oil score a weekly gain of over 7% (currently trading at $106 a barrel). Gold fell sharply on Friday thanks to better than expected jobs data from the US, as well as the gains seen in equity markets. We have seen gold bounce off Friday lows of $1210 although this morning Jim Rodgers (American investor/author) suggests gold will hit $900 an ounce?!
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See Live Macro calendar for all details
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