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

Jun-27 05:23
Date UK Period Event
27-Jun 0915 ---- BOE Dhingra Speech at UK Women Econ Network
27-Jun 0930 ---- BOE Tenreyro Panels ECB Forum
28-Jun 1130 ---- BOE Pill Panels ECB Forum
28-Jun 1430 ---- BOE Bailey Panels ECB Forum
29-Jun 0930 May BOE M4 / Lending to Individuals
29-Jun 1730 ---- BOE Tenreyro Speech at SPE
30-Jun 0700 Q1 GDP Second Estimate / Quarterly Current Account
03-Jul 0930 Jun S&P Global Manufacturing PMI (Final)
05-Jul 0930 Jun S&P Global Services PMI (Final)
06-Jul 0930 Jun IHS Markit/CIPS Construction PMI
09-Jul 0830 ---- BOE Bailey Panels Rencontres Economiques
10-Jul TBA ---- BOE Bailey Mansion House Speech
11-Jul 0001 Jun BRC-KPMG Shop Sales Monitor
11-Jul 0700 May/Jun Labour Market Survey
13-Jul 0700 Jun Monthly GDP/Services/IP/Trade/Construction

Historical bullets

US: Debt Ceiling Deal Has Been Reached

May-28 01:10

NY Times reported negotiators reached a deal "in principle to raise the debt limit for two years while cutting and capping some government spending over the same period, a breakthrough after a marathon set of crisis talks that has brought the nation within days of its first default in history, three people familiar with the agreement said."

JGB TECHS: (M3) Corrects Lower

May-26 22:45
  • RES 3: 151.26 - High Mar 3 2022
  • RES 2: 149.75/150.81 - High Nov 11 / High Aug 5 2022
  • RES 1: 149.53 High Mar 22
  • PRICE: 148.53 @ 16:25 BST May 26
  • SUP 1: 147.31/27 - 50-day EMA / Low Apr 18
  • SUP 2: 145.80/144.73 - Low Mar 13 / Low Feb 13
  • SUP 3: 144.15 - Low Jan 13

JGBs slid sharply Thursday, as hawkish Ueda comments prompted a correction. The bounce Friday helped stall any more protracted pullback, although the gap with next resistance at 149.17 remains. The strong recovery from 147.27, the Apr 18 low confirms the corrective nature of the recent pullback, keeping medium-term attention on 149.53, the Mar 22 high and the bull trigger. A break of this level would confirm a resumption of the uptrend. To the downside, the 50-dma provides support at 147.31, just above the Apr 18 low.

MNI: TREASURY GENERAL ACCOUNT $38.8B MAY 25 VS $49.5B PREV DAY

May-26 20:00



  • MNI: TREASURY GENERAL ACCOUNT $38.8B MAY 25 VS $49.5B PREV DAY