LOOK AHEAD: Eurozone Timeline of Key Events (Times BST)

Mar-30 05:18
Date Time Country Event
30-Mar 0630 DE North Rhine Westphalia CPI
30-Mar 0800 ES HICP (p)
30-Mar 0900 DE Bavaria CPI
30-Mar 0900 DE Hesse CPI
30-Mar 1000 IT PPI
30-Mar 1000 EU EZ Economic Sentiment Indicator
30-Mar 1000 DE Saxony CPI
30-Mar 1300 DE HICP (p)
31-Mar 0700 DE Retail Sales
31-Mar 0745 FR Consumer Spending / HICP (p) / PPI
31-Mar 0855 DE Unemployment
31-Mar 1000 IT HICP (p)
31-Mar 1000 EU HICP (p) / Unemployment
31-Mar 1600 EU ECB Lagarde Keynote Speech
31-Mar 1600 EU ECB Lagarde Q&A with Students
01-Apr 0730 EU ECB de Guindos Panels Ambrosetti Event

Historical bullets

BOJ: 5-Year Pooled Collateral Lending Operation Results

Feb-28 05:12

The BoJ announces that it alloted Y1.0010tn in its latest of 5-Year pooled collateral lending operation. It received Y3.0245tn of bids for the operation. The operation generated a pro-rata rate of 0.110%, with 3.8% of the allotment accepted at that rate. The average accepted bid rate stood at 0.1333%.

JGBS: 2-Year JGB Auction Rescheduled, Results Due Shortly

Feb-28 05:06

The Japanese MoF notes that "the auction results for today's auction of 2-year interest-bearing government bonds (the 446th bond) will be announced at 2:15 p.m. The second non-price competitive bidding will be conducted from 3:00 pm today, and the bidding results will be announced at 4:15 pm."

BOBL TECHS: (H3) Bearish Extension

Feb-28 05:05
  • RES 4: 117.100 50-day EMA
  • RES 3: 116.760 Low Feb 8
  • RES 2: 116.475 20-day EMA
  • RES 1: 115.850 High Feb 27
  • PRICE: 115.460 @ 04:45 GMT Feb 28
  • SUP 1: 115.390 Low Feb 27
  • SUP 2: 115.100 2.0% Lower Bollinger Band
  • SUP 3: 115.000 Handle support
  • SUP 4: 114.843 1.0% 10-dma envelope

Bobl futures extended recent weakness on Monday to hit fresh YTD lows at 115.390. The break lower confirms a resumption of the current bear cycle and maintains the bearish price sequence of lower lows and lower highs. Note too that the breach of 115.640, the Jan 2 low, also reinforces current bearish conditions. The focus is on the 155.000 handle. Initial resistance to watch is at 116.475, the 20-day EMA.