Markets Steady as Tariff Talks Continue; UK Pushes Financial Sector Growth:

Image Source : Krish Capital Pty Ltd

Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, went down around 0.04% on 15 July 2025.  

Macro Update: The UK government and financial authorities unveiled initiatives to support growth and investment. Finance Minister Rachel Reeves introduced measures to boost retail investing, including a 2026 rule change and an industry campaign. The Bank of England delayed Basel 3.1 implementation to 2028 and eased capital rules for mid-sized banks. Governor Andrew Bailey emphasized global cooperation for financial stability. June retail sales rose with warmer weather, though B&M's gains missed forecasts. The government launched EV subsidies to support net-zero goals. The FTSE 100 hit a record high on rate cut hopes and AstraZeneca’s drug trial success, while Wizz Air exited Abu Dhabi due to regional instability. 

Top Market Movers: Among top gainers on FTSE 100 index, Experian PLC (LSE: EXPN) witnessed a rise of 4.67% followed by WPP PLC (LSE: WPP) which gained around 2.63%. 

Commodity Update: The dollar held firm on Tuesday amid trade talks and ahead of key U.S. inflation data and bank earnings. Oil prices slipped after President Trump gave Russia a 50-day deadline to end the Ukraine war or face energy sanctions. Japanese bond yields hit multi-decade highs ahead of elections. In commodities, gold dipped 0.02%, silver fell 0.74%, copper eased 0.25%, and Brent crude edged down 0.20% to $69.06. 

Our Stance: Global markets showed resilience despite rising uncertainties, as investors assessed inflation risks, trade tensions, and upcoming earnings. U.S. consumer prices likely rose in June due to higher fuel and tariff-linked goods, keeping the Fed cautious on rate cuts. Nvidia seeks to resume chip sales to China amid tight U.S. export controls. Bitcoin crossed $120,000 ahead of expected pro-crypto legislation supported by President Trump. While his 30% tariff threat on EU and Mexico imports raised concerns, openness to talks helped stabilize sentiment. Oil eased after Trump gave Russia 50 days to avoid sanctions, reducing near-term supply worries. Equities held steady ahead of key U.S. earnings and macro data. 

FTSE 100 

The FTSE 100 is trading marginally higher near 9,002.72, holding firmly above a key breakout zone that now offers support. This sustained move above resistance reflects ongoing strength in the underlying trend, supported by the index’s position above both the 21-day and 50-day Simple Moving Averages — a sign of persistent bullish momentum. The RSI at 69.69 points to solid buying interest, though a brief consolidation phase may emerge. Key support near 8,600 could draw dip-buyers if any softness develops. With broader sentiment remaining optimistic and macroeconomic data stable, the index appears well-positioned for further upside if external risks stay muted. 

FTSE 100 Technical Chart, Source - EODHD/Others