Ftse futures analysts note this sector-led momentum

Analysts note this sector-led momentum could extend, provided US jobless claims later today meet forecasts. To be a shareholder in Annaly Capital Management right now, you need to believe in its ability to capitalize on attractive mortgage servicing rights (MSR) acquisitions and improved revenue growth, despite uncertainty in the financial sector. The company’s recent removal from the FTSE All-World Index is unlikely to materially alter its core business outlook, as earnings momentum and sector catalysts continue to be the main drivers, but the biggest risk remains macroeconomic volatility, especially around consumer confidence and government policy. The outperformance of tech futures over the broader market points to a defensive growth trade. Traders might consider buying call option spreads on the Nasdaq 100 to gain exposure to this leadership while defining their risk. In Europe, the modest gains reflect a more cautious outlook, especially after the latest German IFO Business Climate index showed only a minor rebound to 90.5. FTSE futures traded sideways despite upbeat global equity trends, constrained by weaker-than-expected UK manufacturing output data released earlier today.