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 0800 EU ECB's Lagarde statement at ECON hearing
15-Feb 1000 EU Trade Balance
15-Feb 1200 EU ECB's Lane seminar at Florence School
16-Feb 0745 FR HICP (f)
16-Feb 0845 EU ECB's Schnabel lecture at EMU Lab
20-Feb 0900 EU EZ Current Account
20-Feb 1000 EU Construction Production
21-Feb 1500 EU Consumer Confidence Indicator (p)
22-Feb 0745 FR Manufacturing Sentiment
22-Feb 0815 FR S&P Global Services/Manufacturing/Composite PMI (p)
22-Feb 0830 DE S&P Global Services/Manufacturing/Composite PMI (p)
22-Feb 0900 IT Italy Final HICP
22-Feb 0900 EU S&P Global Services Manufacturing/Composite PMI (p)
22-Feb 1000 EU HICP (f)

Historical bullets

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

Jan-16 06:18
Date Time Country Event
16/01/2024 0700 DE HICP (f)
16/01/2024 0900 IT Italy Final HICP
16/01/2024 0900 EU ECB Consumer Expectations Survey
16/01/2024 0900 EU ECB's De Guindos in ECOFIN meeting
16/01/2024 1000 DE ZEW Current Conditions/Expectations Index
17/01/2024 1000 EU HICP (f)
17/01/2024 1515 EU ECB's Lagarde in Stakeholder Dialogue at WEF
18/01/2024 0900 EU EZ Current Account
18/01/2024 1000 EU Construction Production
18/01/2024 1515 EU ECB's Lagarde in Stakeholder Dialogue at WEF
19/01/2024 0700 DE PPI
19/01/2024 1000 EU GDP Q3 2023 revisions
19/01/2024 1000 EU ECB's Lagarde in Stakeholder Dialogue at WEF
23/01/2024 1500 EU Consumer Confidence Indicator (p)
24/01/2024 0815 FR S&P Global Services/Manufacturing PMI/Composite (p)
24/01/2024 0830 DE S&P Global Services/Manufacturing/Composite PMI (p)
24/01/2024 0900 EU S&P Global Services/Manufacturing/Composite PMI (p)

US TSY OPTIONS: FVG4 108.00 Puts Lifted Overnight

Jan-16 06:13

The highlight of Asia-Pac flow came via 2 blocks in the FVG4 108.00 puts. 20K (2x 10K) lots traded at 0-11. Both instances looked buyer initiated. Delta -28%.

EURGBP TECHS: Short-Term Trend Needle Points South

Jan-16 06:10
  • RES 4: 0.8768 High Nov 20
  • RES 3: 0.8715 High Dec 28 and the bull trigger
  • RES 2: 0.8676 High Jan 3
  • RES 1: 0.8639 50-day EMA
  • PRICE: 0.8608 @ 06:09 GMT Jan 16
  • SUP 1: 0.8586 Low Jan 12
  • SUP 2: 0.8571 Low Dec 15
  • SUP 3: 0.8549 Low Dec 11 and the bear trigger
  • SUP 4: 0.8524 Low Sep 5

EURGBP is consolidating. A short-term bear threat remains present and the cross is trading closer to its recent lows. The break of the 50-day EMA earlier this month strengthens a bearish theme and a continuation lower would open 0.8571, the Dec 15 low, ahead of key support at 0.8549, the Dec 11 low. On the upside, key resistance has been defined at 0.8715, the Dec 28 high. The 50-day EMA, at 0.8639, is the initial firm resistance to watch.