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.

12th Aug 2021. 7.32am

Regency View:

Morning Report – Thursday 12th August

FTSE to open at 7,192 (-28 pts)

The S&P 500 notched up another record close yesterday as the market edged higher following slightly stronger-than-expected US inflation data.

Overnight, Asian stocks pulled back due to fears about the spread of the Delta variant and a relatively low vaccination rate – heightening the risk of further lockdowns in the region.

This morning’s UK GDP figures revealed the UK economy grew 4.8% in the second quarter – just below the Bank of England’s 5% prediction.

S&P 500+0.25%Bullish for UK stocks
Hang Seng-0.51%Bearish for UK stocks
Gold-0.02%Neutral for UK stocks
AUD/JPY-0.17%Bearish for UK stocks
US 10yr Yield-1.33%Bearish for UK stocks
Regency Risk Barometer Snapshot

?Risk Barometer Explained

The FTSE powered its way up into the June highs during yesterday’s session, but with the market going ex-dividend today the futures have fallen back below this key resistance level.

We’ll be monitoring price action very closely over the coming sessions to see if a breakout can be maintained.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Interim Results
Arix Bioscience (ARIX)
Arrow Global (ARW)
Aviva (AV.)
Coca-Cola HBC (CCH)
Empiric (ESP)
Empresaria Group (EMR)
Entain (ENT)
Glanbia (GLB)
Mears (MER)
Ocean Wilsons (OCN)
Silence Ther. (SLN)
Tribal Grp. (TRB)
Vitec (VTC)
Q2 Results
Wheaton Prec. (WPM)
UK Economic Announcements
(00:01) RICS Housing Market Survey
(07:00) Industrial Production
(07:00) Gross Domestic Product
(07:00) GDP (Preliminary)
(07:00) Index of Services
(07:00) Balance of Trade
(07:00) Manufacturing Production
International Economic Announcements
(10:00) Industrial Production (EU)
(12:30) Producer Price Index (US)
(13:30) Producer Price Index (US)
(13:30) Continuing Claims (US)
(13:30) Initial Jobless Claims (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.