Date | Time | Country | Event |
28-Feb | 0900 | IT | ISTAT Consumer/Business Confidence |
28-Feb | 1000 | EU | EZ Economic Sentiment Indicator |
28-Feb | 1100 | EU | ECB's Lagarde & Cipollone in G20/CB Governors meeting |
29-Feb | 0700 | DE | Retail Sales |
29-Feb | 0745 | FR | GDP (f) / Consumer Spending/ HICP (p) / PPI |
29-Feb | 0800 | ES | HICP (p) |
29-Feb | 0855 | DE | Unemployment |
29-Feb | 0900 | DE | North Rhine Westphalia CPI/ Bavaria CPI |
29-Feb | 1300 | DE | HICP (p) |
01-Mar | 0815 | ES | S&P Global Manufacturing PMI (f) |
01-Mar | 0845 | IT | S&P Global Manufacturing PMI (f) |
01-Mar | 0850 | FR | S&P Global Manufacturing PMI (f) |
01-Mar | 0855 | DE | S&P Global Manufacturing PMI (f) |
01-Mar | 0900 | EU | S&P Global Manufacturing PMI (f) |
01-Mar | 1000 | EU | HICP (p)/ Unemployment |
01-Mar | 1000 | IT | HICP (p) |
Find more articles and bullets on these widgets:
Date | Time | Country | Event |
29-Jan | 1310 | EU | ECB's de Guindos at Investment Outlook Conference |
30-Jan | 0630 | FR | Consumer Spending / GDP (p) |
30-Jan | 0700 | DE | GDP (p) |
30-Jan | 0800 | ES | HICP (p) / GDP (p) |
30-Jan | 0900 | IT | GDP (p) / PPI |
30-Jan | 0900 | EU | ECB's Lane on 'a year with the euro in Croatia' |
30-Jan | 1000 | EU | EZ Prelim. Flash GDP / Economic Sentiment Indicator |
31-Jan | 0700 | DE | Import/Export Prices / Retail Sales |
31-Jan | 0745 | FR | HICP (p) / PPI |
31-Jan | 0855 | DE | Unemployment |
31-Jan | 0900 | DE | North Rhine Westphalia / Bavaria CPI |
31-Jan | 1300 | DE | HICP (p) |
The EURJPY trend condition remains bullish and the latest pullback appears to be a correction. The recent breach of resistance at 160.18, the Jan 11 high, confirmed a resumption of the uptrend. Note that 161.69, 76.4% of the Nov 16 - Dec 7 bear leg, has been pierced. A clear break of this retracement point would open 162.25, the Nov 29 high. Initial firm support is at 158.55, the Jan 12 low.
The trend needle in Gilt futures continues to point south and last week’s bearish extension reinforces current conditions. The contract recently cleared support at 99.60, the Jan 5 low. This confirmed a resumption of the downtrend that started Dec 27, signalling scope for a continuation lower towards 97.39, the Dec 11 low. Firm resistance to watch is 99.43, the 20-day EMA. A clear break of the average would ease bearish pressure.