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

Jul-04 05:23
Date UK Period Event
04-Jul 0930 Jun S&P Global Construction PMI
04-Jul 0930 Jun Decision Making Panel Data
04-Jul - General Election
08-Jul 0001 KPMG/REC Jobs Report
08-Jul 1715 BoE Haskell at King's College
09-Jul 0001 Jun BRC-KPMG Shop Sales Monitor
10-Jul 1430 BoE Pill at Asia House
10-Jul 1630 BOE's Mann Panellist on UK Business Investment
11-Jul 0700 May UK Monthly GDP/Trade/Services/Production/Construction
17-Jul 0700 Jun CPI / PPI
18-Jul 0700 May/Jun Labour Market Survey
19-Jul 0001 Jul Gfk Monthly Consumer Confidence
19-Jul 0700 Jun Retail Sales / Public Sector Finances
24-Jul 0001 Jun Brightmine pay deals for whole economy
24-Jul 0930 Jul S&P Global flash PMIs
29-Jul 0930 Jun BOE M4 / Lending
30-Jul 0001 Jul BRC Monthly Shop Price Index

Historical bullets

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

Jun-04 05:23
Date UK Period Event
04-Jun 2100 Sunak Vs Starmer : ITV Debate
06-Jun 0930 May S&P Global/CIPS Construction PMI
06-Jun 0930 May BOE's Decision Maker Panel Data
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

SCHATZ TECHS: (M4) Trend Direction Remains Bearish

Jun-04 05:18
  • RES 4: 105.790 High Mar 25 and key resistance
  • RES 3: 105.680 High Apr 12
  • RES 2 105.395 High May 31
  • RES 1: 105.105/318 20- and 50-day EMA values
  • PRICE: 105.020 @ 05:40 BST Jun 4
  • SUP 1: 104.880 Low May 24 and 31
  • SUP 2: 104.800 2.00 proj of the Mar 8 - 18 - 25 price swing
  • SUP 3: 104.745 Low Sep 26 2023 (cont) and a key support
  • SUP 4: 104.683 2.236 proj of the Mar 8 - 18 - 25 price swing

Schatz futures remain in consolidation mode. The trend direction is unchanged and remains down. Recent bearish price action resulted in a break of key support and a bear trigger at 105.045, the Apr 30 low. The move down paves the way for an extension towards 104.800, a Fibonacci projection. Moving average studies are in a bear-mode set-up highlighting a clear downtrend. Initial firm resistance is seen at 105.105, the 20-day EMA.

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

Jun-04 05:18
Date Time Country Event
04-Jun 855 DE Unemployment
05-Jun 745 FR Industrial Production
05-Jun 1000 EU PPI
06-Jun 700 DE Manufacturing Orders
06-Jun 800 ES Industrial Production
06-Jun 830 EU S&P Global Final Eurozone Construction PMI
06-Jun 1000 EU Retail Sales
06-Jun 1000 IT Retail Sales
06-Jun 1315 EU ECB Deposit/ Main Refi/ Lending Rate
06-Jun 1345 EU ECB Monetary Policy Press Conference
06-Jun 315 EU ECB's Lagarde presents monpol decision on podcast
07-Jun 700 DE Trade Balance/ IP
07-Jun 745 FR Foreign Trade
07-Jun 900 EU ECB's Schnabel at the Federal Ministry of Finance
07-Jun 1000 EU GDP (final)/ Employment
07-Jun 315 EU ECB's Lagarde in Atelier Maurice Allais
10-Jun 900 IT Industrial Production
12-Jun 700 DE HICP (f)
13-Jun 800 ES HICP (f)
13-Jun 1000 EU Industrial Production