<p><img src="https://imageproxy.pbkrs.com/https://images.pexels.com/photos/5849595/pexels-photo-5849595.jpeg/query-YXV0bz1jb21wcmVzcyZjcz10aW55c3JnYiZkcHI9MSZ3PTUwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.pexels.com/photos/5849595/pexels-photo-5849595.jpeg/query-YXV0bz1jb21wcmVzcyZjcz10aW55c3JnYiZkcHI9MSZ3PTUwMA"/></p>
<p><em>图片来源：Pexels</em></p>
<p>英国的旗舰指数 FTSE 100 周二小幅下跌，尽管国防股的上涨抵消了英国美国烟草公司（BAT）因悲观的增长预测而下跌的影响。全球市场在美联储周三的货币政策决定前采取了谨慎态度。由于经济数据喜忧参半以及一些美联储官员释放的鸽派信号，交易员们普遍预计将降息 25 个基点。在国内，英格兰银行也预计将在即将召开的会议上降息，因劳动市场放缓和通胀减缓的迹象显现。在消费者方面，巴克莱银行报告称，11 月份英国信用卡和借记卡消费同比下降 1.1%，是自 2021 年疫情以来的最大降幅。同时，英国零售商联合会（BRC）透露，上个月主要零售商的消费增长仅为 1.4%，是自 5 月份以来的最低增速。</p>
<p>BAT 的股价下跌 2.9%，该公司以其登喜路品牌闻名，警告称其 2026 年的业绩可能会达到中期目标的下限。尽管在其他领域增长强劲，但美国电子烟市场的监管障碍和激烈竞争仍对其业绩造成压力。相反，欧洲的国防股在彭博社的一份报道显示德国立法者即将批准价值 520 亿欧元的创纪录采购合同后，普遍上涨。BAE 系统公司上涨 2.3%，而劳斯莱斯微涨 0.5%。在企业动态方面，联合利华宣布计划合并其股份，发行每九股现有股份对应八股新股份，此举是在其 Magnum 冰淇淋品牌分拆后进行的。摩根大通将 Man Group 的评级从 “中性” 上调至 “增持”，该公司的股价上涨 3.5%。此外，英国贺卡零售商 Moonpig 在报告强劲的中期业绩和稳健的利润及销售增长后，其股价上涨 3.3%。</p>
<p><strong>技术与交易视角 - FTSE100</strong></p>
<ul>
<li>日均 VWAP 看跌</li>
<li>周均 VWAP 看跌</li>
<li>在 9720 之上目标 9763</li>
<li>在 9700 之下目标 9550</li>
</ul>
<p><em>(点击图片放大)</em></p>
<p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/mirjana-mishevska/user_content/ckimages/orig_ftse_2025-12-09_17-00-34.webp?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/mirjana-mishevska/user_content/ckimages/orig_ftse_2025-12-09_17-00-34.webp"/></p>
<hr/>
<p><em>更多来自此作者的文章：</em></p>
<p>每日市场展望 - 12 月 9 日，星期二</p>
<p>FTSE 收盘线 - 12 月 8 日，星期一</p>
<p>Emini S&amp;P 500 每周实时市场与交易分析 - 12 月 8 日，星期一</p>

<p>FTSE 100 指数小幅下跌，尽管国防股的上涨抵消了由于悲观预测导致的英国烟草公司（BAT）股价下跌。全球市场在等待美联储的决策，预计将降息 25 个基点。由于经济放缓，英格兰银行也可能会降息。巴克莱银行报告称，英国信用卡消费下降了 1.1%。由于美国电子烟市场面临挑战，BAT 股价下跌 2.9%。在德国的采购计划公布后，国防股上涨。联合利华计划进行股份合并，摩根大通对曼集团（Man Group）进行了升级，Moonpig 报告了强劲的业绩</p>

<p><img src="https://imageproxy.pbkrs.com/https://images.pexels.com/photos/5849595/pexels-photo-5849595.jpeg/query-YXV0bz1jb21wcmVzcyZjcz10aW55c3JnYiZkcHI9MSZ3PTUwMA" alt="" original-src="https://images.pexels.com/photos/5849595/pexels-photo-5849595.jpeg?auto=compress&amp;cs=tinysrgb&amp;dpr=1&amp;w=500"/></p>
<p><em>Image Source: Pexels</em></p>
<div class="lb-trans"><p><em>图片来源：Pexels</em></p>
</div><p>The UK's flagship FTSE 100 edged slightly lower on Tuesday, as gains in defence stocks offset a decline in British American Tobacco (BAT) shares following a pessimistic growth forecast. Global markets adopted a cautious stance ahead of the Federal Reserve's monetary policy decision on Wednesday. With mixed economic data and dovish signals from some Fed officials, traders largely anticipate a 25-basis-point interest rate cut. Domestically, the Bank of England is also expected to reduce rates in its upcoming meeting amid signs of a softening labour market and slowing inflation. On the consumer front, Barclays reported a 1.1% year-on-year drop in UK credit and debit card spending in November, the sharpest decline since February 2021 during the pandemic. Meanwhile, the British Retail Consortium (BRC) revealed that spending at major retailers grew by just 1.4% last month compared to the prior year, the slowest growth since May.</p>
<div class="lb-trans"><p>英国的旗舰指数 FTSE 100 周二小幅下跌，尽管国防股的上涨抵消了英国美国烟草公司（BAT）因悲观的增长预测而下跌的影响。全球市场在美联储周三的货币政策决定前采取了谨慎态度。由于经济数据喜忧参半以及一些美联储官员释放的鸽派信号，交易员们普遍预计将降息 25 个基点。在国内，英格兰银行也预计将在即将召开的会议上降息，因劳动市场放缓和通胀减缓的迹象显现。在消费者方面，巴克莱银行报告称，11 月份英国信用卡和借记卡消费同比下降 1.1%，是自 2021 年疫情以来的最大降幅。同时，英国零售商联合会（BRC）透露，上个月主要零售商的消费增长仅为 1.4%，是自 5 月份以来的最低增速。</p>
</div><p>Shares of BAT fell 2.9% after the company, known for its Dunhill brand, warned that its 2026 performance would likely hit the lower end of its mid-term targets. Regulatory hurdles and fierce competition in the U.S. vaping market continue to weigh on its performance, despite robust growth in other areas. Conversely, defence stocks across Europe saw gains after a Bloomberg News report indicated German lawmakers are set to approve record-breaking procurement contracts worth €52 billion. BAE Systems rose 2.3%, while Rolls-Royce inched up 0.5%. In corporate developments, Unilever announced plans to consolidate its shares, issuing eight new shares for every nine existing ones, following the demerger of its Magnum ice cream brand. Man Group shares climbed 3.5% after J.P. Morgan upgraded the hedge fund to &#34;overweight&#34; from &#34;neutral.&#34; Additionally, Moonpig, a British greeting card retailer, saw its stock rise 3.3% after reporting strong interim results with robust profit and sales growth.</p>
<div class="lb-trans"><p>BAT 的股价下跌 2.9%，该公司以其登喜路品牌闻名，警告称其 2026 年的业绩可能会达到中期目标的下限。尽管在其他领域增长强劲，但美国电子烟市场的监管障碍和激烈竞争仍对其业绩造成压力。相反，欧洲的国防股在彭博社的一份报道显示德国立法者即将批准价值 520 亿欧元的创纪录采购合同后，普遍上涨。BAE 系统公司上涨 2.3%，而劳斯莱斯微涨 0.5%。在企业动态方面，联合利华宣布计划合并其股份，发行每九股现有股份对应八股新股份，此举是在其 Magnum 冰淇淋品牌分拆后进行的。摩根大通将 Man Group 的评级从 “中性” 上调至 “增持”，该公司的股价上涨 3.5%。此外，英国贺卡零售商 Moonpig 在报告强劲的中期业绩和稳健的利润及销售增长后，其股价上涨 3.3%。</p>
</div><p><strong>TECHNICAL &amp; TRADE VIEW - FTSE100</strong></p>
<div class="lb-trans"><p><strong>技术与交易视角 - FTSE100</strong></p>
</div><ul>
<li>Daily VWAP Bearish</li>
<li>Weekly VWAP Bearish</li>
<li>Above 9720 Target 9763</li>
<li>Below 9700 Target 9550</li>
</ul>
<div class="lb-trans"><ul>
<li>日均 VWAP 看跌</li>
<li>周均 VWAP 看跌</li>
<li>在 9720 之上目标 9763</li>
<li>在 9700 之下目标 9550</li>
</ul>
</div><p><em>(Click on image to enlarge)</em></p>
<div class="lb-trans"><p><em>(点击图片放大)</em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/contributor/mirjana-mishevska/user_content/ckimages/orig_ftse_2025-12-09_17-00-34.webp" alt="" original-src="https://talkmarkets.com/contributor/mirjana-mishevska/user_content/ckimages/orig_ftse_2025-12-09_17-00-34.webp"/></p>
<hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的文章：</em></p>
</div><p>Daily Market Outlook - Tuesday, Dec. 9</p>
<div class="lb-trans"><p>每日市场展望 - 12 月 9 日，星期二</p>
</div><p>The FTSE Finish Line - Monday, Dec. 8</p>
<div class="lb-trans"><p>FTSE 收盘线 - 12 月 8 日，星期一</p>
</div><p>Emini S&amp;P 500 Weekly Live Market &amp; Trade Analysis - Monday, Dec. 8</p>
<div class="lb-trans"><p>Emini S&amp;P 500 每周实时市场与交易分析 - 12 月 8 日，星期一</p>
</div>

富时终点线 - 周二，12 月 9 日