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

Jul-26 05:23
Date UK Period Event
27-Jul 1100 Jul CBI Distributive Trades
31-Jul 0930 Jun BOE M4 / BOE Lending to Individuals
01-Aug 0001 Jul BRC Monthly Shop Price Index
01-Aug 0930 Jul S&P Global Manufacturing PMI final
03-Aug 0930 Jul S&P Global Services PMI final
03-Aug 1200 Aug Bank Of England Interest Rate
03-Aug 1400 Jul BOE DMP Survey
04-Aug 0930 Jul S&P Global Construction PMI final
04-Aug 1215 --- BOE Pill speaks at MPR National Agency briefing
07-Aug 1700 --- BOE Pill speaks at the MPR Live Q&A
08-Aug 0001 Jul BRC-KPMG Shop Sales Monitor
11-Aug 0700 Jun GDP / Services / Production / Trade / Construction
15-Aug 0700 Jun/Jul Labour Market Survey
16-Aug 0700 Jul Consumer inflation report / Producer prices
18-Aug 0001 Aug Gfk Monthly Consumer Confidence
18-Aug 0700 Jul Retail Sales
22-Aug 0700 Jul Public Sector Finances

Historical bullets

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

Jun-26 05:23
Date UK Period Event
26-Jun 1100 Jun CBI Distributive Trades
27-Jun 0001 Jun BRC Monthly Shop Price Index
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
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

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

Jun-26 05:18
Date Time Country Event
26-Jun 0800 ES PPI
26-Jun 0900 DE IFO Business Climate Index
26-Jun 1830 EU ECB Lagarde Opens ECB Forum
27-Jun 0900 IT ISTAT Business / Consumer Confidence
27-Jun 0900 EU ECB Lagarde Intro at ECB Forum
27-Jun 0930 EU ECB Panetta Panels ECB Forum
27-Jun 1030 EU ECB Elderson Panels ECB Forum
27-Jun 1300 EU ECB Schnabel Panels ECB Forum
28-Jun 0700 DE GFK Consumer Climate
28-Jun 0745 FR Consumer Sentiment
28-Jun 0900 EU M3
28-Jun 0900 IT PPI
28-Jun 0900 EU ECB de Guindos Panels ECB Forum
28-Jun 1000 IT HICP (p)
28-Jun 1000 EU ECB de Guindos Panels ECB Forum
28-Jun 1130 EU ECB Lane Panels ECB Forum
28-Jun 1430 EU ECB Lagarde Panels ECB Forum

EUROSTOXX50 TECHS: (U3) Corrective Cycle Extends

Jun-26 05:15
  • RES 4: 4487.00 1.50 proj of the May 31 - Jun 5 - 7 price swing
  • RES 3: 4472.40 1.382 proj of the May 31 - Jun 5 - 7 price swing
  • RES 2: 4448.00 High Jan 2008 (cont)
  • RES 1: 4392.00/4438.00 High Jun 20 / 16 and the bull trigger
  • PRICE: 4301.00 @ 05:57 BST Jun 26
  • SUP 1: 4275.00 Low Jun 23
  • SUP 2: 4241.00 Low May 31 and the bear trigger
  • SUP 3: 4200.00 Round number support
  • SUP 4: 4150.00 Low Mar 29

The Eurostoxx 50 futures uptrend remains intact, however, a bearish corrective cycle last week resulted in a correction. The contract has breached support at 4301.00, the Jun 8 low. This level represented a key short-term support and the clear break signals scope for a deeper retracement, exposing 4241.00, the May 31 low and an important medium-term support point. Key resistance and the bull trigger has been defined at 4438.00, the Jun 16 high.