3rd Sep 2021. 7.21am
Regency View:
Morning Report – Friday 3rd September
FTSE to open at 7,166 (+2 pts)
The S&P 500 hit another record high yesterday as unemployment data came in ahead of expectations with US Initial Jobless of 340K versus 345K expected.
This afternoon we have US non-farm payrolls numbers hitting our screens and Regency clients will receive our Non-Farm Payrolls preview prior to the release.
| S&P 500 | +0.28% | Bullish for UK stocks |
| Hang Seng | -0.65% | Bearish for UK stocks |
| Gold | +0.15% | Neutral for UK stocks |
| AUD/JPY | +0.43% | Bullish for UK stocks |
| US 10yr Yield | -0.95% | Neutral for UK stocks |
This week’s choppy indecision continued yesterday as the FTSE ending the day back where it started.
Overnight, price action has seen the futures push slightly higher, but it remains to be seen whether the index can hold onto these gains as we head into this afternoon’s US non-farm payrolls.
FTSE 100 Daily Rolling Futures – Key Levels
| Final Results |
| Allergy Thera. (AGY) |
| Jupiter European Opportunities Trust (JEO) |
| Interim Results |
| Eurocell (ECEL) |
| UK Economic Announcements |
| (09:30) PMI Services |
| International Economic Announcements |
| (08:55) PMI Services (GER) |
| (08:55) PMI Composite (GER) |
| (09:00) PMI Composite (EU) |
| (09:00) PMI Services (EU) |
| (10:00) Retail Sales (EU) |
| (13:30) Non-Farm Payrolls (US) |
| (13:30) Unemployment Rate (US) |
| (14:45) PMI Composite (US) |
| (14:45) PMI Services (US) |
| (15:00) ISM Services (US) |
| (15:00) ISM Prices Paid (US) |
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Disclaimer:
This research is prepared for general information only and should not be construed as any form of investment advice.