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.

19th May 2021. 7.48am

Regency View:

Morning Report – Wednesday 19th May

FTSE to open at 6,988 (-46 pts)

US stocks retreated yesterday as inflation fears dampened bullish sentiment and gold edging higher.

While Hong Kong’s Hang Seng index is closed for National Day, Japans Nikkei 225 lost 1.1%, and China’s mainland CSI300 index slipped 0.6%.

S&P 500-0.85%Bearish for UK stocks
Hang SengClosedNeutral for UK stocks
Gold+0.15%Neutral for UK stocks
AUD/JPY+0.04%Neutral for UK stocks
US 10yr Yield-0.81%Neutral for UK stocks
Regency Risk Barometer Snapshot

Yesterday’s price action saw the FTSE sell-off from open to close, trending lower throughout the session and into US trading hours.

This bearish ‘trend day’ has left the market in limbo, mid-range between key support and resistance. Given the persistence of yesterday’s selling, short-term momentum is favouring the bears today.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Final Results
Experian (EXPN)
Great Portland (GPOR)
Jz Capital (JZCP)
Lxi Reit (LXI)
Ninety One Plc (N91)
Premier Foods (PFD)
Interim Results
Future (FUTR)
Mitchells & Butlers (MAB)
Q1 Results
Mhp Reg S (MHPC)
Trading Announcements
Regional Reit (RGL)
UK Economic Announcements
(07:00) Producer Price Index
(07:00) Retail Price Index
(07:00) Consumer Price Index
International Economic Announcements
(10:00) Consumer Price Index (EU)
(12:00) MBA Mortgage Applications (US)
(15:30) Crude Oil Inventories (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.