FTSE 100 Index called to open -25pts at 7715, testing intersecting support after 2-day falling highs caused yesterday’s bounce to reverse overnight. Bulls need a break above 7750 overnight highs
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Will 3-week support hold up?
The FTSE100 is offside by 50pts, a net 12pt decline once you factor in it being a big day for companies going ex-dividend, accounting for 38pts. Several miners are helping limit
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Card Factory – Apologies, for the weather and footfall
Shares Card Factory are down over 7%, at the tail end of the FTSE250, after reporting negative H1 like-for-like sales growth (-0.2% YoY; excludes new stores) blamed on bad weather
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Big day for FTSE dividends
FTSE 100 Index called to open -45pts at 7740 (ex-divs -38pts), with a 5-day rising channel at risk from falling highs since yesterday midday. Bulls need a break above 7770
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GBP loss is FTSE’s gain
The FTSE100 is posting strong gains, making a bullish test of July’s 7782 highs. That said, looking at who’s in the driving seat, it isn’t a risk-on rally. It’s more to
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Musk goes public about going private
FTSE 100 Index called to open -10pts at 7709, back near the floor of a 5-day rising channel towards end-July highs. Bulls need a break above overnight highs of 7735.
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Heavyweights usher FTSE higher
The FTSE100 is nicely positive, having broken back above 7700 to extend a 3-day rising channel. On another busy day for corporate updates (ITRK, HL, IHG; reactions largely negative), USD weakness is
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Hargreaves Lansdown: Cloudy, with a chance of Brexit
Shares in Hargreaves Lansdown are down 3.4% in early trading after the retail investment platform disappointed investors with a mixed bag of FY results. Net revenues +16% YoY to £447.5m
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UK consumers ‘cool’ their spending in July
FTSE 100 Index called to open +20pts at 7685, after an overnight break beyond falling highs resistance at 7665 which extends last week’s rebound from 7540 and forms a new
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Waiting to catch the break
The FTSE100 is just above breakeven, making for an uncertain start to the week. 30pts shy of overnight highs we are also 30pt off this morning’s lows and, importantly, holding last
