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

Feb-15 06:18
Date Time Country Event
15-Feb 0800 ES HICP (f)
15-Feb 1000 EU Industrial Production / Trade Balance
15-Feb 1400 EU ECB Lagarde at Plenary Debate on ECB Annual Report
16-Feb 0915 EU ECB Panetta Discussion at Centre for European Reform
16-Feb 1500 EU ECB Lane Dow Lecture at NIES London
16-Feb 1945 EU ECB de Guindos Students Discussion
17-Feb 0700 DE PPI
17-Feb 0745 FR HICP (f)
17-Feb 0900 EU EZ Current Account
20-Feb 0700 DE PPI
20-Feb 1000 EU Construction Production
20-Feb 1500 EU Consumer Confidence Indicator (p)
21-Feb 0745 FR Retail Sales
21-Feb 0815 FR S&P Global Services/Manufacturing PMI (p)
21-Feb 0830 DE S&P Global Services PMI (p)
21-Feb 0900 EU S&P Global Services PMI (p)
21-Feb 1000 DE ZEW Current Conditions / Expectations Index

Historical bullets

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

Jan-16 06:18
Date Time Country Event
16-Jan ---- EU ECB Lagarde & Panetta at Eurogroup Meeting
17-Jan ---- EU ECB de Guindos at ECOFIN Meeting
17-Jan 0700 DE HICP (f)
17-Jan 0900 IT HICP (f)
17-Jan 1000 DE ZEW Survey
18-Jan 1000 EU HICP (f) / Construction Production
19-Jan 1000 EU EZ Current Account
19-Jan 1030 EU ECB Lagarde Panellist at World Economic Forum
19-Jan 1700 EU ECB Schnabel in Finanzwende Webinar
20-Jan 0700 DE PPI
20-Jan 0745 FR Retail Sales
20-Jan 1000 EU ECB Lagarde Panellist at World Economic Forum
20-Jan 1530 EU ECB Elderson Into at European Fin. Services Roundtable
23-Jan 1430 EU ECB Panetta Intro at ECON Hearing
23-Jan 1745 EU ECB Lagarde Speech at Deutsche Boerse

EURGBP TECHS: Bull Cycle Remains In Play

Jan-16 06:17
  • RES 4: 0.8992 61.8% Retracement of the Sep 26 - Dec 1 bear leg
  • RES 3: 0.8980 High Sep 29
  • RES 2: 0.8907 50.0% retracement of the Sep 26 - Dec 1 bear leg
  • RES 1: 0.8897 High Jan 13
  • PRICE: 0.8860 @ 06:16 GMT Jan 16
  • SUP 1: 0.8807/8769 20-day EMA / Low Jan 9
  • SUP 2: 0.8750 50-day EMA
  • SUP 3: 0.8691 Low Dec 19
  • SUP 4: 0.8646 High Dec 8

EURGBP short-term conditions remain bullish. The move higher last week confirmed a resumption of the bull cycle and maintains a bullish price sequence of higher highs and higher lows. The focus is on 0.8907, a Fibonacci retracement point. Moving average studies continue to highlight a bullish backdrop, reinforcing the current trend direction. Initial firm support is seen at 0.8750, the 50-day EMA. A clear break of the EMA would be bearish.

EUROSTOXX50 TECHS: (H3) Heading North

Jan-16 06:12
  • RES 4: 4269.50 2.236 proj of the Sep 29 - Oct 4 rise from Dec 20 low
  • RES 3: 4230.50 High Feb 10, 2022 (cont)
  • RES 2: 4215.00 2.00 proj of the Sep 29 - Oct 4 rise from Dec 20 low
  • RES 1: 4191.00 Intraday high
  • PRICE: 4180.00 @ 05:55 GMT Jan 16
  • SUP 1: 4043.00 High Dec 13
  • SUP 2: 3981.10/3882.80 20- and 50-day EMA values
  • SUP 3: 3753.00 Low Dec 20 and the bear trigger
  • SUP 4: 3697.00 Low Nov 10

EUROSTOXX 50 futures bullish conditions remain intact and the contract is trading higher again today. Futures have recently cleared resistance at 4043.00, the Dec 13 high and a bull trigger. The break represents a key short-term positive development and paves the way for gains towards 4215.00 next, a Fibonacci projection. Moving average studies are in a bull-mode condition, reinforcing the bull theme. Initial firm is at 3981.10.