The UK FTSE rallied to a fresh weekly high overnight, with Rolls-Royce and the London Stock Exchange Group (LSEG) boosting the FTSE 100. Meanwhile, Ocado slid on disappointment over the rollout of its robotic sites, dragging down the midcap index. A strong night for earnings positions the FTSE for an assault on fresh highs in the coming days, shrugging Trump’s tariff threats, which will have more impact across other European bourses.
- We remain bullish on the UK FTSE through 2025, but a pullback/period of consolidation feels close at hand.
MM are cautiously bullish toward the FTSE
Add To Hit List
