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 Oct 2022. 7.46am

Regency View:

Morning Report – Tuesday 11th October

FTSE to open at 6,942 (+17 pts)

Stocks on Wall Street moved lower yesterday as the yield on US 10yr Treasuries edged back towards recent highs.

Asian markets have mirrored the weakness on Wall Street with Hong Kong’s benchmark index dropping to its lowest level in nearly 11 years as investors fretted over new US restrictions on Chinese access to high-end technology.

The Bank of England has widened its bond-buying programme to include index-linked gilts with the central back seeking to quell “dysfunction” in the bond market.

PLEASE NOTE: This Friday will be our last Morning Report bulletin. Moving forward, we will be focusing on our trader education service, Regency Academy. You can sign up to our FREE course, Seven Secrets of Price Action Trading by CLICKING HERE.

S&P 500-0.75%Bearish for UK stocks
Hang Seng-1.69%Bearish for UK stocks
Gold+0.02%Neutral for UK stocks
AUD/JPY-0.50%Bearish for UK stocks
US 10yr Yield+72ptsBearish for UK stocks
Regency Risk Barometer Snapshot

The FTSE edged lower yesterday in what looks to be a low volatility retracement.

This morning’s pre-open price action has seen the market retest yesterday’s low – an area which may provide some short-term support.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
YouGov (YOU)
Scs Group (SCS)
Interim Results
Sndrsn Dsn (SDG)
Eneraqua Tech (ETP)
Smartspace (SMRT)
Trading Announcements
Reach Plc (RCH)
UK Economic Announcements
(00:01) Retail Sales
(07:00) Claimant Count Rate
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.