FTSE 100 Down 0.7% In Cautious Trade Ahead Of Trump's Tariff Announcementfxcue.com

(fxcue news) - U.K. stocks are down in negative territory on Wednesday in cautious trade ahead of U.S. President Donald Trump's announcement of "reciprocal tariffs" later today. Pharmaceuticals, mining and realty stocks are among the notable losers. The benchmark FTSE 100 was down 63.19 points or 0.73% at 8,571.61 a little while ago, off a low of 8,511.11 touched earlier in the session. Rolls-Royce Holdings, GSK, Melrose Industries and Persimmon are down 3 to 3.5%. AstraZeneca, Taylor Wimpey, Beazley, Convatec Group, Fresnillo, Hikma Pharmaceuticals, St. James's Place, Intertek Group and Babcock International are declining 2 to 3%. Barratt Redrow, M&G, Smiths Group, Croda International, Schroders, BAE Systems, Segro, Weir Group and IMI are among the other prominent losers. WPP is gaining about 1.5%. Diageo, Bunzl, BP, Easyjet and IAG are up with modest gains. Convenience goods giant Greencore Group Plc has reached an agreement with its rival Bakkavor over a £1.2 billion takeover. The deal would help create a convenience foods giant with combined turnover of about £4 billion. Bakkavor Group shares are up nearly 7%, while Greencore Group is down marginally.

FTSE 100 Down 0.7% In Cautious Trade Ahead Of Trump's Tariff Announcement

China Services Activity Growth Accelerates

U.S. Trade Deficit Shrinks In February After Spiking To Record High

U.S. Factory Orders Climb Slightly More Than Expected In February

Euro Advances Against Majors

Eurozone Private Sector Growth At 7-Month High

U.S. Trade Deficit Shrinks From Record High As Exports Surge

FTSE 100 Down 0.7% In Cautious Trade Ahead Of Trump's Tariff Announcement

Uber

Please sign in

Trader

Gold 3110 buy long, stop loss 3100, target 3180

Buy long near gold 3110, stop loss 3100, target 3120-3130-3140

Buy low and hold long near 3144, retrace 3444-47 to continue buying, lose 3135, target 3155-68;

Gold over 3145, stop loss 3139, target 3160-70.

Buy long on the gold retracement line of 3132-3135, buy long on the retracement line of 3110-3116, stop loss 3107, target line of 3160-3165, break the level and continue holding;

Gold recommendation around 3138, stop loss at 3130, target at 3150, 3170!

Gold over 3105-3100, loss 3092, target at 3130-3150. 3139-3144 is empty, with a loss of 3150. The target is 3120-3105.

Short selling of gold 3133-36, loss 3143, target 3100-3124

Short selling in the gold 3124-3128 area at high prices, with a target of breaking through the 3100 level, further exploring the 3077-3057 area, and even possibly touching the 3030-3000 level.

Tags

FTSE 100 Down 0.7% In Cautious Trade Ahead Of Trump's Tariff Announcement

China Services Activity Growth Accelerates

U.S. Trade Deficit Shrinks In February After Spiking To Record High

U.S. Factory Orders Climb Slightly More Than Expected In February

Euro Advances Against Majors

Eurozone Private Sector Growth At 7-Month High

U.S. Trade Deficit Shrinks From Record High As Exports Surge

FTSE 100 Down 0.7% In Cautious Trade Ahead Of Trump's Tariff Announcement

Uber

Please sign in

Trader

Gold 3110 buy long, stop loss 3100, target 3180

Buy long near gold 3110, stop loss 3100, target 3120-3130-3140

Buy low and hold long near 3144, retrace 3444-47 to continue buying, lose 3135, target 3155-68;

Gold over 3145, stop loss 3139, target 3160-70.

Buy long on the gold retracement line of 3132-3135, buy long on the retracement line of 3110-3116, stop loss 3107, target line of 3160-3165, break the level and continue holding;

Gold recommendation around 3138, stop loss at 3130, target at 3150, 3170!

Gold over 3105-3100, loss 3092, target at 3130-3150. 3139-3144 is empty, with a loss of 3150. The target is 3120-3105.

Short selling of gold 3133-36, loss 3143, target 3100-3124

Short selling in the gold 3124-3128 area at high prices, with a target of breaking through the 3100 level, further exploring the 3077-3057 area, and even possibly touching the 3030-3000 level.

Tags

关注我们的公众号