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.

1st Nov 2021. 7.45am

Regency View:

Morning Report – Monday 1st November

FTSE to open at 7,268 (+30 pts)

It’s been a mixed Asian session with Chinese-focused stocks falling for a fifth straight session. Whereas Japan’s Nikkei 225 jumped to a 1-month high after Prime Minister Fumio Kishida’s Liberal Democratic Party did better than expected at Sunday’s election.

Looking ahead this week, the market’s focus will be on tightening monetary policy…

On Wednesday, the US Federal Reserve is widely expected to announce that it will start reducing its pandemic-era bond purchases. While on Thursday, the Bank of England is expected to hike interest rates to combat inflationary pressures.

S&P 500+0.19%Neutral for UK stocks
Hang Seng-0.97%Bearish for UK stocks
Gold+0.08%Neutral for UK stocks
AUD/JPY-0.02%Neutral for UK stocks
US 10yr Yield-1.15%Bullish for UK stocks
Regency Risk Barometer Snapshot

?Risk Barometer Explained

Friday’s price action saw the FTSE fight all the way back from it’s intra-day lows to close back above resistance and form its second consecutive bullish pin-bar candle.

A break and hold above last week’s highs could finally trigger the trend continuation move higher that last week’s break and retest of resistance signaled.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
K3 Capital Gro. (K3C)
Lok N Store (LOK)
Trading Announcements
Argo Blockchai. (ARB)
UK Economic Announcements
(09:30) PMI Manufacturing
International Economic Announcements
(07:00) Retail Sales (GER)
(08:55) PMI Manufacturing (GER)
(14:45) PMI Manufacturing (US)
(15:00) Construction Spending (US)
(20:30) Auto Sales (US)
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

Disclaimer:

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