{"id":61392,"date":"2025-06-30T12:29:38","date_gmt":"2025-06-30T12:29:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/30\/ftse-100-down-marginally-in-cautious-trade-3\/"},"modified":"2025-06-30T12:29:38","modified_gmt":"2025-06-30T12:29:38","slug":"ftse-100-down-marginally-in-cautious-trade-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/30\/ftse-100-down-marginally-in-cautious-trade-3\/","title":{"rendered":"FTSE 100 Down Marginally In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks are subdued on Monday as investors monitor the developments on the trade front ahead of the July 9 deadline for U.S. reciprocal tariffs.<\/p>\n<p>U.S. President Donald Trump has ruled out extending the July 9 deadline, expressing confidence that agreements would be reached in time to avoid higher tariffs.<\/p>\n<p>While discussions with Japan continue, Canada moved to calm tensions after reversing its decision to impose a Digital Service Tax (DST) on American <span class=\"landLinks\">technology<\/span> companies. Trump characterized trade in cars between the U.S. and Japan as unfair and floated the idea of keeping 25% tariffs on autos in place.<\/p>\n<p>There is still some uncertainty over key details with regard to U.S.-China trade deal.<\/p>\n<p>Meanwhile, a new trade agreement between the United States and the United Kingdom that reduces U.S. tariffs on British cars and aircraft parts officially came into effect today. <\/p>\n<p>The benchmark FTSE 100 was down 14.44 points or 0.17% 8,784.47 a little while ago.<\/p>\n<p>Rolls-Royce Holdings and Imperial Brands are gaining 1.7% and 1.5%, respectively. The Sage Group, Auto Trader Group, Coca-Cola HBC, Smith &amp; Nephew, DCC and BSE Systems are up 0.8 to 1.2%.<\/p>\n<p>Intermediate Capital Group is down 3.2%. Persimmon, Barratt Redrow, Taylor Wimpey, Experian, BT Group, Marks &amp; Spencer, Prudential, Schroders, Standard Chartered and Centrica are down 1 to 2.2%.<\/p>\n<p>In economic news, UK mortgage approvals increased for the first time so far this year in May, suggesting an improvement in housing market activity, figures from the Bank of England showed.<\/p>\n<p>The net mortgage approvals for house purchases that indicate future borrowing rose by more-than-expected 2,400 to 63,000 in May. This was the first increase since December 2024 and also exceeded economists&#8217; forecast of 61,000.<\/p>\n<p>Approvals for remortgaging also increased in May, by 6,200 to 41,500. This was the largest increase since February 2024, data showed.<\/p>\n<p>Net borrowing of mortgage debt by individuals rose by GBP 2.8 billion to GBP 2.1 billion, following a large decrease of GBP 13.8 billion to -GBP 0.8 billion in April. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Down Marginally In Cautious Trade<\/a><br \/>\n<br \/>2025-06-30 12:29:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks are subdued on Monday as investors monitor the developments on the trade front ahead of the July 9 deadline for U.S. reciprocal tariffs. U.S. President Donald Trump has&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-61392","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=61392"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61393"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}