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.

26th Jan 2022. 7.48am

Regency View:

Morning Report – Wednesday 26th January

FTSE to open at 7,444 (+73 pts)

Despite forming a large bullish hammer candle on Monday, yesterday’s price action saw the S&P 500 trade lower…

The S&P retested the major support support zone at 4,306 – 4272 (September swing lows) as traders prepared for the prospect that the Fed will signal an increase in interest rates as soon as March.

While overnight in Asian, markets have tread water in a quiet session with all eyes on this evening’s Fed rate decision and policy statement.

S&P 500-1.22%Bearish for UK stocks
Hang Seng-0.11%Neutral for UK stocks
Gold-0.07%Neutral for UK stocks
AUD/JPY+0.19%Neutral for UK stocks
US 10yr Yield-5ptsNeutral for UK stocks
Regency Risk Barometer Snapshot

Yesterday’s price action saw the FTSE trade within Monday’s range – forming an ‘inside day’ consolidation pattern just above the ascending trendline. And overnight, we’ve seen a push towards yesterday’s highs…

Monday’s large range now becomes a significant tool in being able to gauge the strength of the market.

FTSE 100 Daily Rolling Futures – Key Levels

FTSE 100 Daily Rolling Futures – Key Levels
Interim Results
Hargreaves Serv (HSP)
Scancell Holdings (SCLP)
Q3 Results
Wizz Air (WIZZ)
Trading Announcements
Dp Eurasia (DPEU)
Pets At Home (PETS)
Brewin Dolphin (BRW)
Sage Group (SGE)
International Economic Announcements
(12:00) MBA Mortgage Applications (US)
(13:30) Durable Goods Orders (US)
(15:30) Crude Oil Inventories (US)
(15:00) New Homes Sales (US)
(00:01) BRC Shop Price Index
(12:00) MBA Mortgage Applications (US)
(15:30) Crude Oil Inventories (US)
(19:00) Fed Rate Decision (US)
(19:00) Fed Policy Statement (US)
(19:30) Fed Policy Statement (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.