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.

28th Jan 2022. 7.39am

Regency View:

Morning Report – Friday 28th January

FTSE to open at 7,545 (-9 pts)

The US dollar surged to 18-month highs yesterday as currency traders reacted to Fed chair Jay Powell’s refusal to rule out an aggressive series of interest rate rises this year.

Dollar strength weighed heavy on Wall Street’s stocks with the S&P 500 chopping sideways just above long-term support.

While Apple shares gained more than 2% in post-market trading after the iPhone maker beat profit estimates.

S&P 500-0.54%Bearish for UK stocks
Hang Seng-1.09%Bearish for UK stocks
Gold-0.03%Neutral for UK stocks
AUD/JPY+0.05%Neutral for UK stocks
US 10yr Yield-3.22%Bullish for UK stocks
Regency Risk Barometer Snapshot

Yesterday’s price action saw the FTSE rally from the ascending trendline and break above the inside day pattern (Monday’s high).

The market is now on course for a ‘bullish reversal week’ and has the January swing highs in its sights.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Interim Results
Hargreaves Lansdown (HL.)
Q3 Results
Larsen And Toubro (LTOD)
Trading Announcements
Indust Reit (MLI)
International Economic Announcements
13:00 (GER) Gross Domestic Product
17:30 (USD) Michigan Consumer Sentiment Index(Jan)
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


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