LOOK AHEAD: Eurozone Timeline of Key Events (All Times in GMT)

Nov-17 06:18
Date Time Country Event
17-Nov 0830 EU ECB Lagarde Keynote Speech at Banking Conference
17-Nov 0900 EU EZ Current Account
17-Nov 1000 EU HICP (f)
17-Nov 1500 EU ECB's Cipollone in digital euro round table
20-Nov 0500 EU ECB's Lane participates in CEBRA panel
20-Nov 0700 DE PPI
20-Nov 1000 EU Construction Production
21-Nov 0745 FR Retail Sales
21-Nov 1600 EU ECB's Lagarde discusses Inflation and democracy
21-Nov 1715 EU ECB's Schnabel at Wurzburg Policy Lecture
22-Nov 1410 EU ECB's Elderson talks on stability and Green Transition
22-Nov 1500 EU Consumer Confidence Indicator (p)
23-Nov 0745 FR Manufacturing Sentiment
23-Nov 0815 FR S&P Global Services / Manufacturing PMI (p)
23-Nov 0830 DE S&P Global Services / Manufacturing PMI (p)
23-Nov 0900 EU S&P Global Services/ Manufacturing / Composite PMI (p)

Historical bullets

EUROSTOXX50 TECHS: (Z3) Bear Cycle Remains In Play

Oct-18 06:05
  • RES 4: 4388.00 High Aug 30 and reversal trigger
  • RES 3: 4359.00 High Sep 15 and key resistance
  • RES 2: 4300.00 Round number resistance
  • RES 1: 4246.50/4256.00 50-day EMA / High Oct 12
  • PRICE: 4169.00 @ 06:48 BST Oct 18
  • SUP 1: 4082.00 Low Oct 4 and the bear trigger
  • SUP 2: 4055.40 76.4% retracement of the Mar 20 - Jul 31 bull cycle
  • SUP 3: 4034.00 Low Mar 24 (cont)
  • SUP 4: 4000.00 Psychological round number

A bearish theme in Eurostoxx 50 futures remains in play and last week’s reversal from 4256.00, the Oct 12 high, signals the end of the recent corrective cycle. Note too that resistance at the 50-day EMA, at 4246.50, remains intact. A clear break of this average is required to signal scope for a stronger correction. The bear trigger lies at 4082.00, the Oct 4 low. Clearance of this level would confirm a resumption of the downtrend.

MNI: UK SEP CPI +0.5% M/M, +6.7% Y/Y

Oct-18 06:00



  • MNI: UK SEP CPI +0.5% M/M, +6.7% Y/Y
  • UK SEP CORE CPI +0.5% M/M, +6.1% Y/Y
  • UK SEP RPI +0.5% M/M, +8.9% Y/Y

MNI: UK SEP OUTPUT PPI +0.4% M/M, -0.1% Y/Y

Oct-18 06:00



  • MNI: UK SEP OUTPUT PPI +0.4% M/M, -0.1% Y/Y
  • UK SEP INPUT PPI +0.4% M/M, -2.6% Y/Y