News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here:
  • US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the potential for volatility is heightened. Get your stock market forecast from @PeterHanksFX here:
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here:
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here:
  • The US Dollar Index traded higher last week, sustaining its broader uptrend. Conflicting technical signals urge caution, but the directional bias remains skewed to the upside. Get your weekly USD technical forecast from @FxWestwater here:
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
  • The Australian Dollar still remains vulnerable as it extends losses against its major counterparts. What is the road ahead for AUD/USD, AUD/JPY, AUD/NZD and AUD/CAD? Get your AUD technical forecast from @ddubrovskyFX here:
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Learn about the importance of the ISM manufacturing index here:
  • Take a closer look visually at the most influential global importers and exporters here:
  • EUR/USD tumbled last week on the day of the ECB’s latest policy announcement, and that weakness is set to continue this week as a flood of major Eurozone economic statistics is released. Get your weekly Euro forecast from @MartinSEssex here:
FTSE 100 Index Set to Suffer From Weak Chinese Demand

FTSE 100 Index Set to Suffer From Weak Chinese Demand

Martin Essex, MSTA, Analyst

FTSE 100 price, news and analysis:

  • The FTSE 100 index of London-listed stocks reflects global economic conditions rather than the UK economy, and that makes it particularly susceptible to a global slowdown.
  • In particular, the heavy weighting of mining and energy stocks could lead to underperformance against other major stock indexes.

China slowdown puts FTSE 100 under pressure

The FTSE 100 index of leading London-listed stocks is set to suffer more than most other stock indexes from fears of a global economic slowdown because of the large number of mining and energy stocks among the companies included in it.

Data released Wednesday showed the the Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) for China in December fell to 49.7 from 50.2 in November, marking the first contraction since May 2017.

That is a worry for the FTSE 100 mining and energy constituents such as Anglo American, BHP Billiton, Rio Tinto, BP and Royal Dutch Shell as exports to China will likely fall if the Chinese slowdown continues.

FTSE 100 Price Chart, Daily Timeframe (May 10, 2018 – January 2, 2019)

Latest FTSE 100 index price chart.

Chart by IG (You can click on it for a larger image)

In London, the index was down by 0.8% late morning, hit by losses of more than 4% for Anglo American, Antofagasta and Glencore. That pushed it closer to the December 27 low of 6,536.53, which is a likely target for bearish investors.

Resources to help you trade the markets:

Whether you are a new or an experienced trader, at DailyFX we have many resources to help you:

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at or on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.