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Dip and rise today with a possible test of the 7600 level | 7525 7509 7472 support

#1 · 3rd July 2023, 9:21 am

FTSE 100 prediction for trading, analysis for today 3rd July 2023

FTSE 100 Prediction and analysis........ Asian shares firmed as demand for tech stocks buoyed Japan's market, while a data-packed week promises to be pivotal to the outlook for the Chinese economy and U.S. interest rates. China's factory activity slowed in June as the Caixin manufacturing survey showed a dip to 50.5, from 50.9 in May. That slightly beat market forecasts of 50.2, but still underlining the weakening trend seen in other surveys.

FTSE 100 prediction for trading

After the bullish Friday we now have the 4th July US holiday period, and ISM manufacturing data at 15:00 as well - forecast is 47 versus 46.9 previously.