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

Mar-22 06:23
22-Mar 0001 Mar Gfk Monthly Consumer Confidence
22-Mar 0700 Feb Retail Sales
22-Mar 0730 FQ1 DMO to release calendar for FQ1 (Apr-Jun) Ops
22-Mar 1100 Mar CBI Industrial Trends
22-Mar 1630 Q2 BOE to announce APF sales schedule for Q2-24
25-Mar 1100 Mar CBI Distributive Trades
25-Mar 1415 BOE Mann At Royal Economic Society Annual Conference
28-Mar 0700 4Q GDP Second Estimate / Quarterly account balance
02-Apr 0001 Mar BRC Monthly Shop Price Index
02-Apr 0930 Feb BOE M4 / Lending to Individuals
02-Apr 0930 Mar S&P Global Final Manufacturing/Construction PMI
09-Apr 0001 Mar BRC-KPMG Shop Sales Monitor
12-Apr 0700 Feb GDP/Trade/Services/Production Index/Constr Output
16-Apr 0700 Feb Labour Market Survey
17-Apr 0700 Mar CPI/PPI
19-Apr 0700 Mar Retail Sales

Historical bullets

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

Feb-21 06:23
Date UK Period Event
21-Feb 0700 Jan Public Sector Finances
21-Feb 1100 Feb CBI Industrial Trends
21-Feb 1400 BOE's Dhingra MNI Connect Event on BoE projections
22-Feb 0630 BOE's Greene, Kroll South Africa breakfast
22-Feb 0930Feb S&P Global Manufacturing/Services/Composite PMI flash
23-Feb 0001 Feb Gfk Monthly Consumer Confidence
26-Feb 0800 BOE's Breeden at BOE agenda for Research Conference
26-Feb 1100Feb CBI Distributive Trades
26-Feb 1100

BOE's Pill at BOE Agenda for Research conference
27-Feb 0001Feb BRC Monthly Shop Price Index
27-Feb 1340

BOE's Ramsden at Association for Financial Markets
28-Feb 1530

BOE's Mann at FT event 'The economic outlook.'
29-Feb 0930Jan BOE M4/ Lending to individuals
01-Mar 0930 Feb S&P Global/ CIPS UK Final Manufacturing PMI
01-Mar 0930

BOE's Pill Speech at the Cardiff University

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.