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

Mar-22 06:18
Date Time Country Event
22-Mar 700 DE Import/Export Prices
22-Mar 800 EU ECB's Lagarde in Euro Summit
22-Mar 900 DE IFO Business Climate Index
22-Mar 1400 BE BNB Business Sentiment
22-Mar 1700 EU ECB's Lane lecture on inflation and MonPol at AMSE
25-Mar 800 ES PPI
26-Mar 700 DE GFK Consumer Climate
26-Mar 700 SE PPI
26-Mar 800 ES GDP (f)
26-Mar 1930 EU ECB Lane Lecture At Trinity College Dublin
27-Mar 745 FR Consumer Sentiment
27-Mar 800 ES HICP (p)
27-Mar 900 EU ECB Cipollone At House of the Euro Event
27-Mar 1000 EU EZ Economic/Consumer/Industrial Sentiment Indicator
27-Mar 1230 EU ECB Elderson At Climate-Related Financial Risks Panel

Historical bullets

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

Feb-21 06:18
Date Time Country Event
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 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)
23-Feb 0700 DE GDP (f)
23-Feb 0800 EU ECB's Lagarde and Cipollone in Eurogroup meeting
23-Feb 0800 EU ECB's Lagarde, de Guindos,Cipollone in ECONFIN meeting
23-Feb 0900 DE IFO Business Climate Index
23-Feb 0900 EU ECB Consumer Expectations Survey
23-Feb 0920 EU ECB's Schnabel lecture on Inflation fight at Bocconi
23-Feb 1300 EU ECB's Schnabel speech at Forum Analysis
23-Feb 1400 BE BNB Business Sentiment

US TSYS: Treasuries Remain Rangebound Ahead of FOMC Minutes

Feb-21 05:23

TYH4 is currently trading at 109-31+, up - 01+ from New York closing levels

Treasury futures have opened slightly weaker in early trading, however have now recovered to trade slightly higher for the day and remain comfortably inside Tuesday's ranges. There has been very little in the way of market headlines, Hong Kong and Chinese equities have soared after further government and policy support.



  • Mar'24 10Y Futures have been trading in tight ranges, lows of 109-27 and highs of 110. Initial resistance is 110-17 (Feb 15 high), while support holds at 109-17/15 (50.0% of Oct 19 - Dec 27 climb / Low Feb 16).
  • Yield curves have continued the steepening trend from Tuesday with yields moving lower throughout Asia trading, with the 2Y yield -2.1bps lower to 4.591%, 10Y yield -0.6bp lower to 4.269%, while the 2y10y is +1.544 at -32.355
  • Looking ahead later today Main focused will be on the FOMC minutes, while MBA Mortgage Applications, Chicago Fed Nat Activity Index, Jobless Claims, S&P Global US PMI, and New & Existing Home Sales will also be out.

EQUITIES: Regional Asian Equities Lower Amid Tech Slide, Eyes on Nvidia Earnings

Feb-21 05:12

Regional Asian Equities are lower today after technology stocks led Wall Street broadly lower on Tuesday, with investors waiting for chipmaker Nvidia's quarter-earning report. There was little in the way of economic data or market headlines today.



  • Japan equities are lower today as tech stocks; the semiconductor index slipped 1.6% during the US session on Tuesday. Softbank, down 2.00%, has contributed to most of the decline in the Topix, which is off 0.30%, while the Nikkei 225 trades 0.28% lower. Japan's January export data surprised to the upside, hitting 11.9% vs. the expected 9.5%, led mostly by demand from chip-making machinery in China.
  • Taiwan equities are lower today, weighed down by tech, especially semiconductor stocks. TMSC, down 0.87%, has contributed the most to the fall in the Taiex, which is down 0.37%.
  • South Korean equities are also lower today as tech names pull the market down; foreign equity outflows have also increased today, totaling -173.7 million in outflows so far today, marking the highest outflow day since Jan 17th. The KOSPI currently trades 0.13% lower.
  • In Australia today, wage growth data was out, beating expectations, coming in at 4.2% vs. 4.1%. Equities were lower today, with miners contributing to the bulk of the weakness as the price of iron ore declines on the back of China's outlook demand. The ASX200 finished down 0.77%.
  • Elsewhere in SEA, New Zealand Equities finished the day higher, up 0.17%, while Thailand equities are higher, up 1% after the PM called for rate cuts.