The FTSE 100 is set to jump at the open on Tuesday ahead of a hearing with incoming US Treasury Secretary Janet Yellen, who is expected to tell lawmakers the US economy could suffer if they do not approve a big spending plan. Equities should maintain a favorable tailwind today but watch out for UK CPI tomorrow as a weak print could reignite talk of negative rates at the BoE.

Support: 6750 / 6700
Resistance: 6800/ 6840

 

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