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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-43ptsBullish for UK stocks
Regency Risk Barometer Snapshot

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

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)
Today’s Financial Diary

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Disclaimer:

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