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15th Apr 2021. 7.44am

Regency View:

Morning Report – Thursday 15th April

FTSE to open at 6,955 (+15 pts)

The S&P 500 posted it first negative close in six sessions yesterday…

After rallying to new highs earlier in the session, the S&P closed lower – signalling that the recent rally might be running out of steam.

Asian stocks have followed the S&P’s lead, posting small losses and our risk barometer has a mildly bearish tone as we enter European trading.

S&P 500-0.41%Bearish for UK stocks
Hang Seng-0.64%Bearish for UK stocks
Gold+0.47%Bearish for UK stocks
AUD/JPY-0.07%Neutral for UK stocks
US 10yr Yield-0.54%Neutral for UK stocks
Regency Risk Barometer Snapshot

The FTSE put in a strong move higher yesterday – rallying from the ascending trendline.

We’re now faced with another retest of the New Year highs. This is a key area of resistance for the FTSE and we’ll be watching closely to see if the market can break and hold above the 6,961 during today’s session.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
Epwin Grp (EPWN)
Oxford Biomedica (OXB)
Puretech (PRTC)
Serica (SQZ)
Thg Plc (THG)
Trading Announcements
Deliveroo (ROO)
Hays (HAS)
Naked Wine (WINE)
Norcros (NXR)
Thg Plc (THG)
International Economic Announcements
(07:00) Wholesale Price Index (GER)
(07:00) Consumer Price Index (GER)
(13:30) Initial Jobless Claims (US)
(13:30) Retail Sales (US)
(13:30) Continuing Claims (US)
(14:15) Industrial Production (US)
(14:15) Capacity Utilisation (US)
(15:00) Business Inventories (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.