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6th Sep 2022. 7.46am

Regency View:

Morning Report – Tuesday 6th September

FTSE to open at 7,270 (-17 pts)

With US stocks closed for Labor Day yesterday, all eyes were on Europe which saw the FTSE rally following the announcement of Liz Truss as our new PM while German stocks dropped due to the closure of the Nord Stream 1 pipeline.

Overnight in Asia, it’s been a relatively quiet session with the Hang Seng and Nikkei approximately flat on the day.

S&P 500ClosedNeutral for UK stocks
Hang Seng-0.10%Neutral for UK stocks
Gold+0.46%Bearish for UK stocks
AUD/JPY+0.36%Bullish for UK stocks
US 10yr Yield+38ptsBearish for UK stocks
Regency Risk Barometer Snapshot

Yesterday’s price action saw the FTSE push steadily higher throughout the session – ending the day on Friday’s highs.

We’ll be watching to see if Friday’s high will provide some short-term resistance.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Annual Results
Hargreaves Lansdown (HL.)
Final Results
Ashmore (ASHM)
Ncc (NCC)
Accrol Gp (ACRL)
Pci-pal (PCIP)
Alumasc Group (ALU)
Interim Results
Cairn Energy (CNE)
The Pebble Gro. (PEBB)
Michelmersh Brick Holdings (MBH)
Quixant (QXT)
IQE (IQE)
Lords Grp Tr (LORD)
Headlam (HEAD)
Gamma Coms (GAMA)
Inspired (INSE)
Luceco (LUCE)
Starwood Eur (SWEF)
UK Economic Announcements
(09:30) PMI Construction
International Economic Announcements
(07:00) Factory Orders (GER)
(10:00) Retail Sales (EU)
(14:45) PMI Composite (US)
(14:45) PMI Services (US)
(15:00) ISM Prices Paid (US)
(15:00) ISM Services (US)
Today’s Financial Diary

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Disclaimer:

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