LOOK AHEAD: UK Timeline of Key Events (All Times in GMT)

Jan-12 06:24
Date UK Period Event
12-Jan 0700 Nov GDP/ Services/ Production/ Trade/ Construction
17-Jan 0700 Dec Consumer inflation report/ Producer Prices
19-Jan 0700 Dec Retail Sales
23-Jan 0700 Dec Public Sector Finances
24-Jan 0001 XpertHR pay deals for whole economy
24-Jan 0930 Jan S&P Global Manufacturing/Services/Composite PMI flash
24-Jan 1100 Jan CBI Industrial Trends
25-Jan 1100 Jan CBI Distributive Trades
26-Jan 0001 Jan Gfk Monthly Consumer Confidence
30-Jan 0001 Jan BRC Monthly Shop Price Index
30-Jan 0930 Dec BOE M4/Lending to Individuals
01-Feb 0930 Jan S&P Global/ CIPS UK Final Manufacturing PMI
01-Feb 1200 Bank Of England Interest Rate
01-Feb 1230 BoE Press Conference
01-Feb 1400 Jan DMP Data

Historical bullets

LOOK AHEAD: UK Timeline of Key Events (All Times in GMT)

Dec-13 06:23
Date UK Period Event
13-Dec 0700 Oct GDP / Index of Services/Production / Trade Balance / Constr. Ind. Output
14-Dec 1200 --- Bank Of England Interest Rate
14-Dec 1230 --- BoE Press Conference
15-Dec 0001 Dec Gfk Monthly Consumer Confidence
15-Dec 0930 Dec S&P Global Manufacturing/Services/Composite PMI flash
15-Dec 1000 --- BOE's Ramsden Speech
15-Dec 1630 --- BoE announce APF Sales schedule for Q124
18-Dec 1030 --- BOE's Broadbent speech at London Business School
19-Dec 1300 --- BOE Breeden Speech At IIF Policy Series
20-Dec 0001 Nov XpertHR pay deals for whole economy
20-Dec 0700 Nov Consumer inflation report / Producer Prices
21-Dec 0700 Dec Public Sector Finances
22-Dec 0700 Nov Retail Sales / GDP 2nd Est. / Quarterly curr. acc. bal
22-Dec - --- Publication of the Treasury Bill Calendar for 01-03/24
02-Jan 0930 Dec S&P Global Final Manufacturing PMI
03-Jan 0930 Dec S&P Global Final Composite PMI
04-Jan 0930 Nov BOE Lending to Individuals / M4
04-Jan 0930 Dec S&P Global/ CIPS UK Final Services PMI
05-Jan 0930 Dec S&P Global Final Construction PMI

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

Dec-13 06:18
Date Time Country Event
13-Dec 1000 EU Industrial Production
14-Dec 0745 FR Retail Sales
14-Dec 0800 ES HICP (f)
14-Dec 1315 EU ECB Rate Decision
14-Dec 1345 EU ECB Monetary Policy Press Conference
14-Dec 1515 EU ECB Lagarde participates in MP Podcast
15-Dec 0745 FR HICP (f)
15-Dec 0815 FR S&P Global Services/Manufacturing PMI (p)
15-Dec 0830 DE S&P Global Services/Manufacturing PMI (p)
15-Dec 0900 IT Italy Final HICP
15-Dec 0900 EU S&P Global Services/Manufacturing/Composite PMI (p)
15-Dec 1000 EU Trade Balance
18-Dec 0900 DE IFO Business Climate Index
18-Dec 1330 EU ECB Schnabel Lectures On EU Fiscal Policy
18-Dec 1500 EU ECB Lane Chairs Panel on EMU Reforms
19-Dec 0900 EU ECB Elderson Statement On Banking Risks and Priorities
19-Dec 1000 EU HICP (f)

SCHATZ TECHS: (H4) Pullback Considered Corrective

Dec-13 06:09
  • RES 4: 106.621 1.382 proj of the Nov 24 - 30 minor price swing
  • RES 3: 106.527 1.236 proj of the Nov 24 - 30 minor price swing
  • RES 2: 106.375 1.00 proj of the Nov 24 - 30 minor price swing
  • RES 1: 106.100/290 High Dec 12 / 6 and the bull trigger
  • PRICE: 105.985 @ 05:51 GMT Dec 13
  • SUP 1: 105.955 Intraday low
  • SUP 2: 105.835 20-day EMA
  • SUP 3: 105.780 Low Dec 1
  • SUP 4: 105.640 Low Nov 29

Trend conditions in Schatz futures remain bullish and the latest pullback appears to be a correction - for now. A deeper retracement would allow an overbought condition to unwind. Resistance at 105.660, the Aug 17 high, was breached on Nov 17, strengthening current bullish conditions. This signals scope for a climb towards 106.375, a Fibonacci projection. Initial firm support to watch lies at 105.780, the Nov 30 low.