BOBL TECHS: (U5) Support Remains Intact For Now

Jun-12 05:30

* RES 4: 119.790 High Apr 7 and the bull trigger * RES 3: 118.600 High Apr 22 * RES 2: 118.300 High ...

Historical bullets

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

May-13 05:23
DateUKPeriodEvent
13-May0001AprBRC-KPMG Shop Sales Monitor
13-May0700Mar/AprLabour Market Survey
14-May0815---BOE Breeden At ISDA Conference
15-May0700Mar / Q1GDP / Services / Production / Trade / Construction
15-May1500---BOE Dhingra At New Economics Foundation conference
19-May----DMO to hold FQ2 consultations with investors / GEMMs
20-May0900---BOE's Pill At Barclays Briefing
21-May0001MayBrightmine pay deals for whole economy
21-May0700AprConsumer inflation report
22-May0700AprPublic Sector Finances
22-May0930MayS&P Global Flash PMI
22-May1100MayCBI Industrial Trends
22-May1150---BOE's Breeden On Climate Panel
22-May1200---BOE's Dhingra On UK Productivity Panel
22-May1330---BOE's Pill At MonPol Conference

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

May-13 05:18
DateTimeCountryEvent
13-May1000DEZEW Current Expectations Index
13-May--EUECB's De Guindos At ECOFIN Meeting
14-May0700DEHICP (f)
14-May0800ESHICP (f)
14-May1340EUECB's Cipollone On Liquidity Issues Panel
15-May0745FRHICP (f)
15-May0800EUECB's Cipollone at Payments Forum
15-May0850EUECB's Elderson At Green Finance Conference
15-May1000EUIndustrial Production / GDP data
15-May1115EUECB's De Guindos At ISDA Meeting
15-May1230EUECB's Cipollone In Digital Currency Fireside Chat
16-May0830EUECB's Cipollone At EU Cyber Resilience Board Meeting
16-May0900ITHICP (f)
16-May1000EUTrade Balance
16-May1600EUECB's Lane On Central Bank Communication Panel
19-May1000EUHICP (f)

ASIA STOCKS: Optimism Dropping Off

May-13 05:13

Optimism may be dropping off throughout Asia with only some major bourses up again today as the trade truce remains at the forefront of investors minds.  Some investors are now turning their attention to whether the trade truce means no further stimulus is forthcoming in China and hence are likely to focus on the actual impact of tariffs on company’s profitability. 

  • The Hang Seng was the regional outlier today, falling -1.67% whilst the CSI 300 and Shanghai were flat and Shenzhen following the lead from Hong Kong falling -0.30%.
  • The KOSPI fell too by -0.15% after yesterday’s gain of +1.17%
  • Malaysia was open again today after holidays but remained very quiet rising just +0.07% despite Singapore’s Straits Times being  up +0.43%.
  • The Philippines PSEi continues its good run rising +1.45% today.
  • India’ s NIFTY 50 is down by-0.85%, following yesterday's strong gains of +3.8%