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

Aug-01 05:23
Date UK Period Event
01-Aug 0930 - S&P Global Manufacturing PMI (Final)
01-Aug 1200 Bank Of England Interest Rate
01-Aug 1230 BoE Press Conference
01-Aug 1400 Jul BOE Monthly Decision Maker Panel Data
01-Aug 1715 BOE's Pill MPR virtual Q&A
02-Aug 1215 BOE's Pill at National MPC Agency Briefing
06-Aug 0001 Jul BRC-KPMG Shop Sales Monitor
06-Aug 0930 Jul S&P Global/CIPS Construction PMI
13-Aug 0700 Jun/Jul Labour Market Survey
14-Aug 0700 Jul Consumer inflation report /Producer Prices
15-Aug 0700 Jun GDP / Trade/ Services/ Production/ Construction
15-Aug 0700 Q2 GDP First Estimate
16-Aug 0700 Jul Retail Sales
19-Aug - DMO to hold quarterly investor / GEMM consultation

Historical bullets

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

Jul-02 05:22
Date UK Period Event
04-Jul 0930 Sep S&P Global Construction PMI
04-Jul 0930 Oct Decision Making Panel Data
04-Jul - Nov General Election
08-Jul 0001 Dec KPMG/REC Jobs Report
08-Jul 1715 Jan BoE Haskell at King's College
09-Jul 0001 Feb BRC-KPMG Shop Sales Monitor
10-Jul 1430 Mar BoE Pill at Asia House
11-Jul 0700 Apr UK Monthly GDP/Trade/Services/Production/Construction
17-Jul 0700 May CPI / PPI
18-Jul 0700 Jun Labour Market Survey
19-Jul 0001 Jul Gfk Monthly Consumer Confidence
19-Jul 0700 Aug Retail Sales / Public Sector Finances
23-Jul 1000 Sep Index Linked Gilt Outright Auction Result
24-Jul 0001 Oct Brightmine pay deals for whole economy
24-Jul 0930 Nov S&P Global flash PMIs
29-Jul 0930 Dec BOE M4 / Lending
30-Jul 0001 Jan BRC Monthly Shop Price Index

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

Jul-02 05:18
Date Time Country Event
02-Jul 830 EU ECB's De Guindos chairing session on inflation
02-Jul 930 EU ECB's Elderson chairs session on biodiversity
02-Jul 1000 EU HICP (p) / Unemployment
02-Jul 1130 EU ECB's Schnabel chairing panel on Geopolitics/Inflation
02-Jul 1430 EU ECB's Lagarde in policy panel at ECB forum
03-Jul 900 EU ECB's De Guindos chairing MonPol Cycles session
03-Jul 1000 EU PPI
03-Jul 1000 EU ECB's Cipollone chairing Productivty session
03-Jul 1130 EU ECB's Lane chairing panel on equilibirum rates
03-Jul 1430 EU ECB's Lagarde closing remarks at ECB Forum
04-Jul 700 DE Manufacturing Orders
04-Jul 830 EU S&P Global Final Eurozone Construction PMI
04-Jul 1000 EU ECB's Lane Lecture at University of Naples
04-Jul 1515 EU ECB's Cipollone at National Statistics conference

SCHATZ TECHS: (U4) Breaches Support At The 20-Day EMA

Jul-02 05:14
  • RES 4: 106.009 2.382 proj of the May 24 - Jun 4 - 7 price swing
  • RES 3: 105.975 High Jun 14 and the bull trigger
  • RES 2: 105.895 High Jun 21
  • RES 1: 105.620/105.780 20-day EMA / High Jun 28
  • PRICE: 105.525 @ 05:39 BST Jul 2
  • SUP 1: 105.475 Low Jul 1
  • SUP 2: 105.440 61.8% retracement of the May 24 Jun 14 bull cycle
  • SUP 3: 105.375 Low Jun 13
  • SUP 4: 105.314 76.4% retracement of the May 24 Jun 14 bull cycle

Schatz futures traded lower Monday and the contract breached support around the 20-day EMA, at 105.620. This undermines the recent bullish theme and signals scope for a deeper retracement. A continuation lower would open 105.440, a Fibonacci retracement point. Clearance of this level would strengthen a developing bearish threat. On the upside, initial firm resistance to watch is 105.780, the Jun 28 high. A break would be bullish.