Index Update: The FTSE 100 index, a key benchmark index for the London stock exchange, was trading declined around 0.28% on 10 December 2025.
Macro Update: Morgan Stanley anticipates "lackluster growth" for the UK economy next year, which is expected to prompt an extended period of borrowing cost reductions by the Bank of England
Top Market Movers: Among top gainers on FTSE 100 index, Pearson PLC (LSE: PSON) witnessed a rise of 3.24% followed by Scottish Mortgage Inv (LSE: SMT) which gained around 3.18%.
Commodity Update: The dollar held largely steady on Wednesday as traders awaited a pivotal Federal Reserve decision, with markets leaning toward a rate cut amid one of the most divisive meetings in years. Commodities saw mild gains: gold rose 0.18% to USD 4,244.45, silver climbed 1.26% to USD 61.59, and copper added 0.82% to USD 11,560.80. Brent crude inched up 0.20% to USD 62.05, though supply concerns and Russia-Ukraine peace talk limited upside.
Our Stance: The UK unemployment rate has climbed to a three-year peak, revealing slack in the labor market and an increase in individuals out of work due to long-term sickness.
FTSE 100: The FTSE gained 5.86 points to 9,647.87 and continues to trade comfortably above the key support zone near 9,200, maintaining a broadly stable structure. The 21-day SMA at 9,660.94 remains close to current levels, indicating a neutral undertone, while the 50-day SMA at 9,616.21 reinforces broader stability and leaves room for near-term consolidation. The RSI is elevated with a mild downward tilt. Immediate support stands near 8,950, with resistance at 10,000 and 10,120.

Source - EODHD/Others






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