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.

27th May 2021. 7.45am

Regency View:

Morning Report – Thursday 27th May

FTSE to open at 7,023 (-4 pts)

It’s been a relatively quiet Asian session with the Hang Seng retreating from two-week highs due to a small bounce in the US dollar and US 10yr yield.

We have key earnings releases this morning from chemical company Johnson Matthey (JMAT) and insurance giant Aviva (AV.). We also have a raft of US economic data hitting our screens this afternoon, including US durable goods and US pending home sales.

S&P 500+0.19%Bullish for UK stocks
Hang Seng-0.28%Bearish for UK stocks
Gold+0.14%Neutral for UK stocks
AUD/JPY+0.02%Neutral for UK stocks
US 10yr Yield+2.05%Bearish for UK stocks
Regency Risk Barometer Snapshot

With the FTSE now at the apex of the wedge pattern, the market has a big decision to make…

Prices are equidistant from key resistance at 7,167 and key support at 6,852 – hence we’re pretty much in coin toss territory, apart from the fact the FTSE’s uptrend remains unbroken. We’ll be watching closely to see how this develops.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
Caledonia (CLDN)
Invinity Energy (IES)
Johnson Matthey (JMAT)
LondonMetric (LMP)
Pets At Home (PETS)
Picton Prop (PCTN)
United Utilities (UU.)
Interim Results
Daily Mail (DMGT)
Impax Asset Man (IPX)
Residential Sec (RESI)
Tharisa (THS)
Q1 Results
Ab Ignitis. S (IGN)
Pjsc Rus (HYDR)
Pjsc Polyus S (PLZL)
Trading Announcements
Aviva (AV.)
Johnson Matthey (JMAT)
International Economic Announcements
(13:30) Durable Goods Orders (US)
(13:30) GDP (Preliminary) (US)
(13:30) Initial Jobless Claims (US)
(13:30) Continuing Claims (US)
(15:00) Pending Homes 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


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