FTSE 100 Set to Start Second Half of the Year with Decline

The FTSE 100 index is poised to begin the second half of the year on a downward note. Market participants anticipate a drop at the open, driven by global economic uncertainties and rising geopolitical risks. Analysts note that stocks in the energy and financial sectors may face particular selling pressure. Investors are adopting a cautious stance amid concerns that central banks will continue tightening monetary policy. Additionally, signs of a slowdown in China's economy and recession risks in Europe are exerting downward pressure on the FTSE 100. Technical indicators suggest the index could fall below the 7,500-point level in the short term. Meanwhile, the Bank of England's interest rate decisions and the trajectory of the pound are among the key factors influencing the FTSE 100's performance. Markets are focused on the manufacturing PMI data and the US employment report due this week, which will be decisive for investor direction. This is not investment advice.