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.

11th Jan 2022. 7.44am

Regency View:

Morning Report – Tuesday 11th January

FTSE to open at 7,483 (+38 pts)

US tech stocks swung wildly yesterday with the Nasdaq composite index breaking to three-month lows in early trading before fighting back to close positive on the day.

We saw something similar on the S&P with the market forming a large bullish ‘pin-car’ candle and showing its first signs of selling exhaustion since the turn of the year.

Overnight in Aisa, stocks and the US dollar have struggled to find direction ahead of today’s comments from Fed Chair Jerome Powell.

S&P 500-0.14%Neutral for UK stocks
Hang Seng-0.18%Neutral for UK stocks
Gold+0.43%Bearish for UK stocks
AUD/JPY+0.27%Bullish for UK stocks
US 10yr Yield-4ptsNeutral for UK stocks
Regency Risk Barometer Snapshot

The FTSE mirrored US stocks yesterday as it fought back from its early-session lows.

The market now looks to be forming a small ‘bull flag’ consolidation pattern.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Interim Results
Trading Announcements
International Economic Announcements
10:20 ECB’s President Lagarde speech (EU)
15:00 Fed’s Chair Powell testifies (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.