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.

30th Aug 2022. 7.45am

Regency View:

Morning Report – Tuesday 30th August

FTSE to open at 7,410 (+17 pts)

Global stocks weakened and Treasury yields climbed on Monday after central bankers warned of a sustained period of higher interest rates.

Overnight in Asia stocks have been mixed with Hong Kong’s Hang Seng dropping back towards last week’s lows and the Nikkei 225 erasing yesterday’s losses by closing more than 1% higher.

Looking ahead at key economic data this week, we have European and US consumer confidence figures today and US nonfarm payrolls on Friday.

S&P 500-0.67%Bearish for UK stocks
Hang Seng-0.51%Bearish for UK stocks
Gold-0.23%Bullish for UK stocks
AUD/JPY-0.10%Neutral for UK stocks
US 10yr Yield+63ptsBearish for UK stocks
Regency Risk Barometer Snapshot

?Risk Barometer Explained

Yesterday’s Bank Holiday price action on the FTSE daily rolling futures saw the market retest the support area at 7,361…

After initially breaking below it, the market rallied back to print a small bullish hammer candle at the support zone.  

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Interim Results
Centralnic (CNIC)
Uniphar Plc (UPR)
Old Mutual Lim. (OMU)
UK Economic Announcements
(09:30) M4 Money Supply
(09:30) Mortgage Approvals
(09:30) Consumer Credit
International Economic Announcements
(10:00) Consumer Confidence (EU)
(10:00) Economic Sentiment Indicator (EU)
(10:00) Industrial Production (EU)
(10:00) Business Climate Indicator (EU)
(13:00) Consumer Price Index (GER)
(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

Disclaimer:

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