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 May 2021. 7.45am

Regency View:

Morning Report – Tuesday 11th May

FTSE to open at 7,038 (-86 pts)

A strong sell-off during the later half of US trading saw the S&P fall back towards last week’s lows yesterday, and the bearish sentiment has continued into Asia trading.

It’s being widely reported that the sell-off is being driven by inflationary fears, heightened by the upcoming release of Wednesday’s US consumer price index report.

S&P 500-1.04%Bearish for UK stocks
Hang Seng-1.77%Bearish for UK stocks
Gold-0.01%Neutral for UK stocks
AUD/JPY+0.16%Neutral for UK stocks
US 10yr Yield+0.01%Neutral for UK stocks
Regency Risk Barometer Snapshot

The FTSE failed to continue its breakout move in some style yesterday, closing back below Friday’s lows and forming a bearish engulfing.

Overnight, we’ve seen the futures continue to sell-off, taking prices back to the broken swing highs – an area that may potentially provide some support.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
Air Partner (AIR)
Angling Direct (ANG)
Interim Results
Treatt (TET)
Zytronic (ZYT)
Q1 Results
Arrow Global (ARW)
Trading Announcements
WM Morrison (MRW)
UK Economic Announcements
(00:01) Retail Sales
International Economic Announcements
(10:00) ZEW Survey (GER) – Current Situation
(10:00) ZEW Survey (EU) – Economic Sentiment
(10:00) ZEW Survey (GER) – Economic Sentiment
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.