31st Mar 2022. 8.30am
Regency View:
Morning Report – Thursday 31st March
FTSE trading at 7,590 (+12 pts)
European stocks have opened in firmer territory despite a weak US and Asian session…
Chinese manufacturing data took Asian shares and oil prices lower, but better than expected UK GDP and German Retail Sales data has seen European stocks make early gains.
| S&P 500 | -0.63% | Bearish for UK stocks |
| Hang Seng | -0.48% | Bearish for UK stocks |
| Gold | -0.19% | Neutral for UK stocks |
| AUD/JPY | -0.64% | Bearish for UK stocks |
| US 10yr Yield | -43pts | Bullish for UK stocks |
Yesterday’s price action saw the FTSE consolidate within Tuesday’s range – forming another inside day pattern.
This morning’s price action has seen the market press towards the top of the inside day and this may provide some short-term resistance.
FTSE 100 Daily Rolling Futures – Key Levels
| Final Results |
| BBGI (BBGI) |
| Reach Plc (RCH) |
| Hostelworld (HSW) |
| S4 Cap. (SFOR) |
| Rtw Venture Fu. (RTW) |
| Elecosoft (ELCO) |
| Proteome (PRM) |
| Interim Results |
| Gattaca (GATC) |
| James Halstead (JHD) |
| Aptamer Group (APTA) |
| Renalytix Plc (RENX) |
| International Economic Announcements |
| (07:00) Retail Sales (GER) |
| (08:55) Unemployment Rate (GER) |
| (10:00) Unemployment Rate (EU) |
| (13:30) Continuing Claims (US) |
| (13:30) Initial Jobless Claims (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.