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

Jun-07 05:23
Date UK Period Event
10-Jun 0001 KPMG/REC Jobs Report
11-Jun 0700 Apr/May Labour Market Survey
12-Jun 0700 Apr GDP/ Trade/ Services/ Production/ Construction
12-Jun - Sky News- Election Leaders Event
14-Jun 0930 May Bank of England/Ipsos Inflation Attitudes Survey
19-Jun 0001 May Brightmine pay deals for whole economy
19-Jun 0700 May Consumer inflation report / Producer Prices
20-Jun 1200 Bank Of England Interest Rate
20-Jun 2000 Question Time Leaders' Special
21-Jun 0001 Jun Gfk Monthly Consumer Confidence
21-Jun 0700 May Retail Sales / Public Sector Finances
21-Jun 0930 Jun S&P Global Flash PMI
21-Jun 1630 BoE APF Sales Schedule for Q3
24-Jun 1100 Jun CBI Industrial Trends

Historical bullets

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

May-08 05:23
Date UK Period Event
09-May 0001 Apr RICS House Prices/ KPMG/REC Jobs Report
09-May 1200 Bank Of England Interest Rate
09-May 1230 BoE Press Conference
09-May 1400 Apr BOE's Decision Maker Panel Data
09-May 1715 BOE's Pill MPR Virtual Q&A
10-May 0700 Mar GDP/ Trade/ Services/ Production/ Construction
10-May 0700 Q1 GDP First Estimate
10-May 1215 BOE's Pill at National MPC Agency Briefing
10-May 1245 BOE's Dhingra remarks at KCL Econdat Conference
14-May 0700 Mar Labour Market Survey
14-May 0830 BOE's Pill Speech at Chartered Accountants Summit
16-May 1200 BOE's Greene Speech at Make UK on Labour Market
17-May 0900 BOE's Mann Speech at Economics Statistics Centre
21-May 1100 May CBI Industrial Trends
22-May 0001 Apr Brightmine pay deals for whole economy
22-May 0700 Apr Consumer inflation report/ Producer Prices
22-May 0700 Apr Public Sector Finances

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

May-08 05:18
Date Time Country Event
08-May 700 DE Industrial Production
08-May 800 ES Industrial Production
08-May 900 IT Retail Sales
09-May 1315 EU ECB's De Guindos remarks at Panel Civico
09-May 1315 EU ECB's Cipollone on financial instrument tokenisation
10-May 800 EU ECB's Cipollone presentation on digital euro
10-May 900 IT Industrial Production
10-May 945 EU ECB's Elderson in roundtable at ASVIS/ECCO
13-May 800 EU ECB's Cipollone in Eurogroup meeting
14-May 700 DE HICP (f)
14-May 800 ES HICP (f)
14-May 800 EU ECB's De Guindos participates in ECOFIN meeting
14-May 1000 DE ZEW Current Conditions/Expectations Index
14-May 1415 EU ECB's Schnabel speech at scientific conference
15-May 745 FR HICP (f)
15-May 1000 EU Industrial Production/ GDP (p)
16-May 900 IT Italy Final HICP
17-May 820 EU ECB's De Guindos at Banking Sector Industry Meeting
17-May 1000 EU HICP (f)

US TSYS: Treasury Futures Erase Earlier Gains, Fed Speak Ahead

May-08 05:18
  • Treasury futures initially opened the session stronger with the 10Y contract making highs of 109-03, we have pared gains and now trade down (- 02+) at 108-30, earlier a few block sells of the 10y contracted traded at 108-30/30+.
  • Cash Treasury curve is slightly steeper today with the 2Y yield +0.4bp at 4.834%, 10Y +1.4bp to 4.471%, the 2y10y is +0.819 at -36.731.
  • MNI - MN FED Kashkari: Fed Likely On Hold For 'Extended Period' - (See link)
  • Projected rate cut pricing scaled back from midmorning levels: June 2024 at -10.0% w/ cumulative rate cut -2.5bp at 5.302%, July'24 at -24% w/ cumulative at -8.5bp at 5.243%, Sep'24 cumulative -20.1bp, Nov'24 cumulative -30.3bp, Dec'24 cumulative currently -43.9bp.
  • Looking Ahead: MBA Mortgage Applications, Wholesale Trade/Inventories, and more Fed Speak. US Treasury auctions $42B 10Y notes as well.