13th Oct 2022. 7.42am
Regency View:
Morning Report – Thursday 13th October
FTSE to open at 6,812 (-14 pts)
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Stocks on Wall Street edged lower again yesterday as traders braced themselves for today’s key US inflation data.
Overnight in Asia, Shanghai is ramping up prevention measures to combat a recent jump in Covid-19 cases, compounding fears of disruption returning to China’s biggest city.
| S&P 500 | -0.33% | Bearish for UK stocks |
| Hang Seng | -1.27% | Bearish for UK stocks |
| Gold | -0.29% | Bullish for UK stocks |
| AUD/JPY | -0.08% | Neutral for UK stocks |
| US 10yr Yield | -59pts | Bullish for UK stocks |
The FTSE has continued to press down towards the bottom of the long-term support zone created by the March spike lows.
FTSE 100 Daily Rolling Futures – Key Levels
| Trading Announcements |
| Rathbone (RAT) |
| Hays (HAS) |
| Entain (ENT) |
| UK Economic Announcements |
| (00:01) RICS Housing Market Survey |
| International Economic Announcements |
| (07:00) Consumer Price Index (GER) |
| (13:30) Consumer Price Index (US) |
| (13:30) Continuing Claims (US) |
| (13:30) Initial Jobless Claims (US) |
| (15:30) Crude Oil Inventories (US) |
| (16:30) Crude Oil Inventories (US) |
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Disclaimer:
This research is prepared for general information only and should not be construed as any form of investment advice.