13th Sep 2022. 7.45am
Regency View:
Morning Report – Tuesday 13th September
FTSE to open at 7,470 (-3 pts)
Stocks on Wall Street extended their recent winning streak on Monday, rallying to a sharply higher close – led by the energy and tech sectors.
Overnight in Asia, stocks have edged higher as traders looked ahead to the release of US inflation data this afternoon.
The US consumer price index reading is expected to offer markets guidance on next week’s rates decision from the Fed.
S&P 500 | +1.06% | Bullish for UK stocks |
Hang Seng | +0.31% | Bullish for UK stocks |
Gold | -0.06% | Neutral for UK stocks |
AUD/JPY | -0.49% | Bearish for UK stocks |
US 10yr Yield | +42pts | Bearish for UK stocks |
The rally back towards the top of the FTSE’s long-term wedge pattern continued yesterday with prices making similar gains to Friday.
It’s possible that we could see a session or two of consolidation after such strong gains.
Final Results |
Mattioli (MTW) |
Gateley Hldgs (GTLY) |
Interim Results |
Harworth Gp (HWG) |
Trustpilot (TRST) |
Fevertree Drk (FEVR) |
Churchill China (CHH) |
Jtc Plc (JTC) |
Smart Metering (SMS) |
Alfa Fin (ALFA) |
Engage Xr (EXR) |
Propty Franchis (TPFG) |
Oxford Nano (ONT) |
Iqgeo (IQG) |
Futura Medical (FUM) |
Corero Network (CNS) |
Team17 Group (TM17) |
Vh Global Sust. (GSEO) |
Elecosoft (ELCO) |
UK Economic Announcements |
(07:00) Unemployment Rate |
(07:00) Claimant Count Rate |
International Economic Announcements |
(07:00) Consumer Price Index (GER) |
(10:00) ZEW Survey (EU) – Economic Sentiment |
(10:30) Current Account (GER) |
(13:30) Consumer Price Index (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.