Today's Main Events
- 14:45 US Markit PMI Composite
- 15:00 US Pending Home Sales
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 (p) | Chg (p) | % Chg | % YTD |
| Royal Bank of Scotland Group (The) PLC | 364.2 | 35.4 | 10.8 | 7.7 |
| Anglo American PLC | 1639.5 | 54.5 | 3.4 | 24.2 |
| Pearson PLC | 1132 | 31.0 | 2.8 | -15.6 |
| Vodafone Group PLC | 202.05 | 4.2 | 2.1 | -31.6 |
| Barclays PLC | 218.05 | 3.6 | 1.7 | -19.8 |
| Tullow Oil PLC | 764 | 9.0 | 1.2 | -10.6 |
| Lloyds Banking Group PLC | 74.81 | 0.9 | 1.2 | -5.2 |
| Sainsbury (J) PLC | 320.2 | 3.2 | 1.0 | -12.3 |
| UK 100 Laggards | Close (p) | Chg (p) | % Chg | % YTD |
| British Sky Broadcasting Group PLC | 874.5 | -50.5 | -5.5 | 3.6 |
| GlaxoSmithKline PLC | 1423 | -46.5 | -3.2 | -11.7 |
| Petrofac Ltd | 1127 | -25.0 | -2.2 | -7.9 |
| Rexam PLC | 513 | -10.5 | -2.0 | -14.0 |
| GKN PLC | 344.2 | -7.0 | -2.0 | -7.8 |
| Persimmon PLC | 1280 | -26.0 | -2.0 | 3.3 |
| British Land Co PLC | 717 | -14.0 | -1.9 | 14.0 |
| Barratt Developments PLC | 364.3 | -6.8 | -1.8 | 4.4 |
| Major World Indices | Mid/Close | Chg | % Chg | % YTD |
| UK UK 100 | 6,791.6 | -29.9 | -0.44 | 0.6 |
| UK | 15,691.8 | -56.9 | -0.36 | -1.5 |
| FR CAC 40 | 4,330.6 | -80.1 | -1.82 | 0.8 |
| DE DAX 30 | 9,644.0 | -150.1 | -1.53 | 1.0 |
| US DJ Industrial Average 30 | 16,960.6 | -123.2 | -0.72 | 2.3 |
| US Nasdaq Composite 100 | 4,449.6 | -22.6 | -0.50 | 6.5 |
| US S&P 500 | 1,978.3 | -9.6 | -0.48 | 7.0 |
| JP Nikkei 225 | 15,513.0 | 55.2 | 0.36 | -4.8 |
| HK Hang Seng Index 48 | 24,470.9 | 254.9 | 1.05 | 5.0 |
| AU S&P/ASX 200 | 5,584.8 | 1.3 | 0.02 | 4.3 |
| Commodities & FX | Mid/Close | Chg | % Chg | % YTD |
| Crude Oil, US Light Sweet ($/barrel) | 101.76 | -0.14 | -0.13 | 3.2 |
| Crude Oil, Brent ($/barrel) | 107.95 | 0.09 | 0.08 | -2.6 |
| Gold ($/oz) | 1304.55 | -3.95 | -0.3 | 8.6 |
| Silver ($/oz) | 20.65 | -0.14 | -0.69 | 7.1 |
| Platinum ($/oz) | 1483.10 | 10.00 | 0.68 | 7.9 |
| GBP/USD – US$ per £ | 1.698 | – | 0.01 | 2.6 |
| EUR/USD – US$ per € | 1.343 | – | -0.01 | -2.3 |
| GBP/EUR – € per £ | 1.264 | – | 0.03 | 4.8 |
See Live Macro Calendar for full data line-up, incl. consensus expectations
UK 100 called to open up 28pts at 6816, having shed 30pts on Friday with traders taking some risk off the table ahead of the weekend.
The star of the show was Royal Bank of Scotland (RBS.L), shares in the bank, 80% owned by the taxpayer, closed 10.77% higher after notifying the market of a doubling in first-half profits to £2.65bn.
This news also helped Lloyds Banking Group (LLOY.L) and Barclays (BARC.L) advance. Shares were up 1.16% and 1.66% respectively. Traders should be prepared for more news from the sector - Barclays reports its first half trading figures on Wednesday, Lloyds on Thursday and then RBS provide a full report on Friday.
First half results also pushed shares higher for Anglo American (AAL.L). Shares closed 3.44% up on the day after the chief executive said he remained confident that he can deliver the company's promised improvement of the business in the next two years despite weak commodity prices.
At the foot of the table was BSkyB (BSY.L) as the company's latest trading update detailed plans to acquire Sky Deutschland and Sky Italia for £5.3bn. In the longer term the transaction will "create a world-class, multinational pay TV business" according to BSkyB chief Jeremy Darroch, however in the short term the company will part will a significant amount of capital.
U.S. Stocks slipped into the red on Friday on continued profit taking. Corporate earnings have push share prices higher across the board helping the S&P 500 record a record high during the week.
Reports of escalating tensions in Russia/Ukraine combined with high share prices led to traders cashing out with a 'we'll see where we stand on Monday' attitude.
The Dow Jones closed lower by 123pts at 16,960 and the S&P 500 retreated from a record level of 1,991pts to close at 1,978pts.
In focus today we have little from the Eurozone having to wait until the afternoon with US Markit PMI at 14:45pm and US pending home sales at 15:00pm.
In commodities, gold had its first weekly back-to-back losses since May, trading around the $1300 level, but still up 8.6% this year. Hedge funds though last week increases their bets on a gold rally. WTI fell for the fourth time in five days, down 1% last week, amid speculation of a slowdown in growth in the US trading at $101.50 a barrel. The dollar traded near the strongest in eight months against the euro as investors raised bets it would climb versus the single currency to the most since November 2012.
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