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| UK 100 Leaders | Close (p) | Chg (p) | % Chg | % YTD |
| Mondi PLC | 1359 | 24.0 | 1.8 | 29.4 |
| BP PLC | 365.95 | 5.6 | 1.5 | -11.0 |
| Anglo American PLC | 328.05 | 4.7 | 1.5 | -72.7 |
| Old Mutual PLC | 181.7 | 2.6 | 1.5 | -4.6 |
| Marks & Spencer Group PLC | 453.4 | 6.4 | 1.4 | -5.3 |
| UK 100 Laggards | Close (p) | Chg (p) | % Chg | % YTD |
| Berkeley Group Holdings (The) PLC | 3613 | -65.0 | -1.8 | 45.7 |
| Tesco PLC | 150.9 | -2.0 | -1.3 | -20.2 |
| BT Group PLC | 467.05 | -5.9 | -1.2 | 16.3 |
| Johnson Matthey PLC | 2703 | -30.0 | -1.1 | -20.4 |
| Taylor Wimpey PLC | 197.2 | -2.1 | -1.1 | 43.1 |
| Major World Indices | Mid/Close | Chg | % Chg | % YTD |
| UK UK 100 | 6,254.6 | 13.7 | 0.22 | -4.7 |
| UK | 17,422.8 | 30.9 | 0.18 | 8.3 |
| FR CAC 40 | 4,618.0 | -39.7 | -0.85 | 8.1 |
| DE DAX 30 | 10,654.0 | -73.7 | -0.69 | 8.7 |
| US DJ Industrial Average 30 | 17,528.3 | -24.0 | -0.14 | -1.7 |
| US Nasdaq Composite | 5,041.0 | -7.5 | -0.15 | 6.4 |
| US S&P 500 | 2,056.5 | -4.5 | -0.22 | -0.1 |
| JP Nikkei 225 | 18,982.2 | 108.9 | 0.58 | 8.8 |
| HK Hang Seng Index 48 | 22,011.6 | 92.0 | 0.42 | -6.8 |
| AU S&P/ASX 200 | 5,267.3 | 59.7 | 1.15 | -2.7 |
| Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
| Crude Oil, West Texas ($/barrel) | 34.83 | 0.07 | 0.61 | -31.2 |
| Crude Oil, Brent ($/barrel) | 36.72 | 0.08 | 0.22 | -36.2 |
| Gold ($/oz) | 1073.15 | -2.65 | -0.25 | -9.3 |
| Silver ($/oz) | 14.02 | -0.37 | -2.54 | -10.7 |
| GBP/USD – US$ per £ | 1.491 | – | 0.1 | -4.3 |
| EUR/USD – US$ per € | 1.097 | – | -0.03 | -9.3 |
| GBP/EUR – € per £ | 1.359 | – | 0.13 | 5.5 |
Click graph to enlarge
UK 100 Index called to open +20pts at 6274 on continued light, festive volume. Pre-Xmas support at the 50- and 100-day MAs is holding while we note resistance pointing to either a bullish ascending triangle or bearish rising wedge. Daily RSI in bullish territory and still rising. Watch levels: Bullish 6375, Bearish 6135.
Another lukewarm opening call comes after global equities were undermined Monday by more worrying Chinese data - this time industrial profits again reported down 1.4% - that all but ended hopes of an Asia focussed Santa rally by instigating a 3% rout on the Shanghai Composite. That all makes this morning’s positive opening call for the UK Index somewhat tentative, with China’s economy closely watched by commodities people. So, bullish ascending triangle or bearish rising wedge?!
US markets followed their Asian counterparts lower with volatility up on still-light volume. Energy and materials suffering on that Chinese data crude continued to slide following the Saudi budget that reinforced the ‘lower for longer’ sentiment in that market. Stateside oil E&P companies slid by over 6% yesterday, so keep an eye out for trade opportunities on UK listed favourites like Tullow Oil (TLW).
In focus today we havel US Consumer confidence at 3pm seen improving.
Gold and other metals are firmer this morning, while the feed through to miners remains elusive thus far and Sunday's poor data print from China is sure to weigh this week and into next, as traders return from holiday.
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