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.

29th Jun 2021. 7.46am

Regency View:

Morning Report – Tuesday 29th June

FTSE to open at 7,076 (+3 pts)

There seems to be a bit of a disconnect this week between Wall Street and the rest of the world…

While U.S. stocks edged to another record high yesterday, European stocks moved lower on central bank tapering risk, and Asia stocks continued to sink on COVID-19 Delta variant concerns.

This mixed picture is reflected in our Risk Barometer and European futures are broadly flat as we head towards the opening bell.

S&P 500+0.23%Bullish for UK stocks
Hang Seng-0.93%Bearish for UK stocks
Gold+0.06%Neutral for UK stocks
AUD/JPY-0.02%Neutral for UK stocks
US 10yr Yield-2.54%Bullish for UK stocks
Regency Risk Barometer Snapshot

The FTSE sank lower yesterday after retesting the May swing high resistance area that we’ve highlighted in previous Morning Reports.

With short-term momentum moving back in line with the 200 point sell-off we witnessed on 18th June, the logical next step for the FTSE is a retest of the support zone at 7,000 – 6,941.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
Appreciate Grp. (APP)
D4t4 Solutions (D4T4)
Lamprell (LAM)
Lookers (LOOK)
Seeen (SEEN)
Trakm8 Hldgs (TRAK)
Interim Results
React Group (REAT)
Trading Announcements
Hunting (HTG)
UK Economic Announcements
(09:30) Mortgage Approvals
(09:30) Consumer Credit
(09:30) M4 Money Supply
International Economic Announcements
(10:00) Consumer Confidence (EU)
(14:00) House Price Index (US)
(15:00) Consumer Confidence (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


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