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On Tuesday, the FTSE 100, the UK's leading stock index, saw another marginal increase, continuing a modest positive start to the week. Investors were reviewing earnings reports and were optimistic about potential support for China's stock market, which in turn benefited metal mining companies. The index rose by 0.14%. Mining companies like Rio Tinto, Glencore, and Anglo-American saw increases of 1.7% to 2.2% as the majority of metal prices rose. This was due to reports that Chinese authorities were contemplating mobilising around 2 trillion yuan ($278.9 billion) to stabilise the declining stock market.

On the positive side of the ledger Standard Chartered with a focus on Asia, saw a surge in their stock prices after a report surfaced suggesting that Chinese regulators are contemplating a set of actions to help stabilise the stock markets. Standard Chartered retains the top spot on the blue chip index gaining 4.8% on the session.

On the negative side of the ledger Rolls Royce is the biggest percentage loser on the day as it saw its stock price decrease by over 2% following the release of the latest General Electric (GE) results. The shares dropped to 302p, slightly below its all-time high of 312.7p. GE stock also declined by more than 8% in the pre-market session. Similar to General Electric, Rolls-Royce is a major player in the civil aviation industry, primarily manufacturing engines for wide body aircraft. Both companies are also significant contributors to the defence industry, producing engines for military use. As a result, GE's earnings often impact Rolls-Royce and other engine manufacturers.

FTSE Bias: Bullish Above Bearish below 7500

• Below 7375 opens 7320
• Primary support at 7382
• Primary objective 7827
• 20 Day VWAP bearish 5 Day VWAP bullish

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