25th Oct 2021. 7.44am
Regency View:
Morning Report – Monday 25th October
FTSE to open at 7,234 (+29 pts)
The Hang Seng has held firm overnight despite the Chinese Parliament announcing on Saturday that it will roll out a pilot real estate tax in some regions – it’s latest regulatory clampdown.
This week, the environment will be top of everyone’s agenda as the UN Climate Change Conference kicks off in Glasgow.
We also have a busy week of US earnings with the giants of global tech featuring heavily; Amazon, Apple, Microsoft, Alphabet, Spotify, Twitter and Facebook are all reporting.
| S&P 500 | -0.11% | Neutral for UK stocks |
| Hang Seng | +0.14% | Neutral for UK stocks |
| Gold | +0.29% | Bearish for UK stocks |
| AUD/JPY | +0.36% | Bullish for UK stocks |
| US 10yr Yield | -4.28% | Bullish for UK stocks |
The FTSE is set to start the week nestled within last week’s tight trading range…
This form of high and tight consolidation typically favours a breakout to the upside and we will be watching today’s price action closely to see if the market can hold above key resistance and above last week’s highs.
FTSE 100 Daily Rolling Futures – Key Levels
| Final Results |
| Sareum (SAR) |
| Interim Results |
| Dp Poland (DPP) |
| Q3 Results |
| HSBC Holdings (HSBA) |
| International Economic Announcements |
| (09:00) IFO Expectations (GER) |
| (09:00) IFO Current Assessment (GER) |
| (09:00) IFO Business Climate (GER) |
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 AccountAny 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.