21st Feb 2022. 7.46am

Regency View:
Morning Report – Monday 21st February
FTSE to open at 7,560 (+46 pts)
It is being reported this morning that Vladimir Putin and Joe Biden have accepted “the principle” of a summit to ease tensions over Ukraine.
This news has boosted European stock futures, but Asian stocks remain in negative territory.
Looking ahead this week, we have house price data from the UK, US and China, along with earnings releases from UK banks, HSBC, Barclays and Lloyds.
S&P 500 | -0.72% | Bearish for UK stocks |
Hang Seng | -0.80% | Bearish for UK stocks |
Gold | -0.29% | Bullish for UK stocks |
AUD/JPY | +0.52% | Bullish for UK stocks |
US 10yr Yield | -41pts | Bullish for UK stocks |
Last week’s price action saw the FTSE consolidate within itself – forming an inside day pattern early in the week and staying within that pattern’s range…
The FTSE futures overnight have bounced from the bottom of last week’s range, and this should set up a retest of last week’s highs.
Interim Results |
Finsbury Food (FIF) |
Tristel (TSTL) |
Dechra (DPH) |
Sylvania Pl (SLP) |
UK Economic Announcements |
(09:30) Markit Manufacturing PMI(Feb) PREL |
(09:30) Markit Services PMI(Feb) PREL |
International Economic Announcements |
(08:30) Markit Manufacturing PMI(Feb) PREL |
(08:30) Markit PMI Composite(Feb) PREL |
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Disclaimer:
This research is prepared for general information only and should not be construed as any form of investment advice.