Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

16th Aug 2022. 7.48am

Regency View:

Morning Report – Tuesday 16th August

FTSE to open at 7,527 (+18 pts)

Stocks on Wall Street continued their recent rally yesterday as traders start to price-in a slower pace of tightening from the Federal Reserve.

While Brent crude, the international benchmark for oil dropped as low as $92.78 a barrel yesterday amid fears of a global recession.

Overnight in Asia, the Hang Seng has weakened more than -1.70% despite shares in large Chinese property developers rallying amid reports that regulators could take further steps to support the crisis-stricken sector.

In Europe, this morning’s UK unemployment data edged up to 3.8% as the labour market shows signs of cooling.

S&P 500+0.40%Bullish for UK stocks
Hang Seng-1.78%Bearish for UK stocks
Gold+0.06%Neutral for UK stocks
AUD/JPY+0.01%Neutral for UK stocks
US 10yr Yield-55ptsBullish for UK stocks
Regency Risk Barometer Snapshot

?Risk Barometer Explained

Yesterday’s price action saw the FTSE fight back during afternoon trading – forming a bullish pin-bar candle inside of Friday’s range.

A break above Friday’s highs during the opening rotation could trigger a strong rally.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
BHP Group (BHP)
Interim Results
Tribal Grp. (TRB)
Tremor Int Ltd (TRMR)
Impact Health (IHR)
Q2 Results
Bank Of Georgia Group (BGEO)
Trading Announcements
Softline Reg S (SFTL)
Watches Switz (WOSG)
UK Economic Announcements
(07:00) Unemployment Rate
(07:00) Claimant Count Rate
International Economic Announcements
(14:15) Industrial Production (US)
Today’s Financial Diary

Don’t have a Regency account yet?

Start receiving our actionable Market Alerts and Analysis with real-time email and SMS alerts throughout your trading day. Simply click below to create your account for free.

Create Account

Any Questions? Please feel free to call 0203 973 8007 or email us at info@regency.capital

Disclaimer:

This research is prepared for general information only and should not be construed as any form of investment advice.