LOOK AHEAD: UK Timeline of Key Events (All Times UK)
| Date | UK | Period | Event |
| 28-Mar | 0700 | 4Q | GDP Second Estimate |
| 28-Mar | 0700 | 4Q | Quarterly current 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 Manufacturing PMI (Final) |
| 04-Apr | 0930 | Mar | BOE's Monthly Decision Maker Panel |
| 05-Apr | 0930 | Mar | S&P Global/CIPS Construction PMI |
| 09-Apr | 0001 | Mar | BRC-KPMG Shop Sales Monitor |
| 12-Apr | 0700 | Feb | GDP/ Trade/ Services/Production/Construction |
| 16-Apr | 0700 | Feb/Mar | Labour Market Survey |
| 17-Apr | 0700 | Mar | Consumer inflation report/Producer Prices |
| 19-Apr | 0700 | Mar | Retail Sales |
| 23-Apr | 0700 | Mar | Public Sector Finances |
| 23-Apr | 0930 | Apr | S&P Global/ CIPS UK Flash PMI |
| 26-Apr | 0001 | Apr | Gfk Monthly Consumer Confidence |
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EUROSTOXX50 TECHS: (H4) Holding On To Its Recent Gains
- RES 4: 4950.50 3.0% Upper Bollinger Band
- RES 3: 4939.30 2.382 projection of the Nov 8 - 24 - 28 price swing
- RES 2: 4904.40 2.236 projection of the Nov 8 - 24 - 28 price swing
- RES 1: 4894.00 High Feb 23
- PRICE: 4863.00 @ 06:04 GMT Feb 27
- SUP 1: 4798.00/4747.70 High Feb 16 / 20-day EMA
- SUP 2: 4671.00 Low Feb 13
- SUP 3: 4633.70 50-day EMA
- SUP 4: 4596.00 Bull channel base drawn from the Oct 27 low
The bull cycle in Eurostoxx 50 futures remains firmly intact and the contract is holding on to its recent gains. Moving average studies are in a bull-mode position too, highlighting positive market sentiment. Sights are on 4904.40 next, a Fibonacci projection. Further out, scope is seen for a climb towards a bull channel top at 4968.50. The channel is drawn from the Oct 27 low. Initial firm support lies at 4747.70, the 20-day EMA.
LOOK AHEAD: Eurozone Timeline of Key Events (Times GMT)
| Date | Time | Country | Event |
| 27-Feb | 0700 | DE | GFK Consumer Climate |
| 27-Feb | 0745 | FR | Consumer Sentiment |
| 27-Feb | 0900 | EU | M3 |
| 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) |
EURGBP TECHS: MA Studies Highlight A Downtrend
- RES 4: 0.8676 High Jan 3
- RES 3: 0.8620 High Jan 20
- RES 2: 0.8593 High Jan 19
- RES 1: 0.8578 High Feb 20 and key short-term resistance
- PRICE: 0.8557 @ 06:11 GMT Feb 27
- SUP 1: 0.8493 Low Aug 23 2023 and a key medium-term support
- SUP 2: 0.8454 76.4% of the Mar 7 - Sep 26 ‘23 bull phase
- SUP 3: 0.8388 Low Aug 17 2023
- SUP 4: 0.8340 Low Aug 2 2022
A bear cycle in EURGBP remains intact and moving average studies continue to highlight a downtrend. A resumption of weakness would expose support and the bear trigger at 0.8493, the Aug 23 low. Clearance of this level would confirm a continuation of the trend and open 0.8454, a Fibonacci retracement point. Key short-term resistance has been defined at 0.8578, the Feb 20 high. Clearance of this level would highlight a S/T bullish development.
