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.

19th Jul 2021. 7.44am

Regency View:

Morning Report – Monday 19th July

FTSE to open at 6,940 (-68 pts)

Asian shares have had a weak session with concerns over inflation and the continued impact the Delta variant is having on the global recovery.

Hong Kong’s Hang Seng and Japan’s Nikkei 225 are down more than 1% on the day with AUD/JPY (a key barometer for risk appetite) breaking to a four-month low.

As we look ahead this week, economic data is likely to take a back seat to earnings…

The only key piece of economic data we have on the calendar is Thursday’s ECB rate decision and policy statement, whereas we have a raft of key corporate earnings with the likes of Netflix, CocaCola, Unilever and American Express all reporting Q2 numbers this week.

S&P 500-0.75%Bearish for UK stocks
Hang Seng-1.97%Bearish for UK stocks
Gold-0.35%Bullish for UK stocks
AUD/JPY-0.24%Bullish for UK stocks
US 10yr Yield-0.53%Neutral for UK stocks
Regency Risk Barometer Snapshot

The FTSE broke and closed below the 7,000 interim support area and now the futures are testing the major June swing lows at 6,945.

A break below the June swing lows would be significant as it would end the FTSE’s series of higher swing lows which has been in place since February.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Interim Results
Sthree (STEM)
Trading Announcements
Parsley Box (MEAL)
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.