Image Source : Krish Capital Pty Ltd
Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went up around 0.32% on 19 August 2025.
Macro Update: British equities made modest gains as investor sentiment improved following a more constructive meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky. The dialogue marked a departure from previous tensions, with both leaders adopting a more conciliatory approach and expressing cautious optimism regarding efforts to resolve the ongoing conflict with Russia. While Trump affirmed the U.S. commitment to Ukraine’s security, he refrained from detailing specific measures, prompting markets to remain attentive to further geopolitical shifts.
Top Market Movers: Among top gainers on FTSE 100 index, JD Sports Fashion PLC (LSE: JD.) witnessed a rise of 6.72% followed by Persimmon PLC (LSE: PSN) which gained around 3.10%.
Commodity Update: The U.S. dollar held steady on Tuesday as markets awaited the outcome of a White House summit with European nations, seen as pivotal for the next phase of the Ukraine war. Precious metals were mixed: gold rose 0.05% to $3,379.60, silver slipped 0.37% to $37.88, and copper edged up 0.02% to $9,750.00. Brent crude eased 0.11% to $65.53 amid speculation that U.S.-Russia-Ukraine talks may ease sanctions on Russian oil.
Our Stance: The UK’s Office for National Statistics announced a delay in the release of July retail sales data, pushing the publication date to early September. The ONS attributed the decision to the need for additional quality checks, raising uncertainty in short-term economic assessments. This postponement, coupled with falling oil prices influenced by improving diplomatic prospects, suggests markets are currently balancing optimism over geopolitical progress with caution around domestic data clarity.
FTSE 100
The FTSE 100 is currently trading at 9,181.58, up 0.26%, and holding above the key support level of 8,900 as well as its 50-day SMA of 8,967.44. The RSI at 63.41 reflects bullish momentum, though consolidation continues. Immediate support is placed at 8,950, with a breakdown likely to accelerate downside pressure. On the upside, resistance is seen near 9,280, and a sustained move above this level could open the way for a short-term recovery toward the 9,500 mark.

FTSE 100 Technical Chart, Source - EODHD/Others






Please wait processing your request...