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

Dec-06 06:23
 UKPeriodEvent
06-Dec0700NovHalifax House Price Index
09-Dec0001 KPMG/REC Jobs Report
09-Dec1300 BOE's Ramsden speech at OMFIF "Financial stability and the BOE's toolkit"
13-Dec0001DecGfk Monthly Consumer Confidence
13-Dec0700OctGDP / Services / Production / Construction / Trade
13-Dec0930NovBank of England/Ipsos Inflation Attitudes Survey
16-Dec0930DecS&P Global/ CIPS UK Flash PMI
17-Dec0700Oct/NovLabour Market Survey
18-Dec0700NovConsumer inflation report / Producer Prices
19-Dec0001DecBrightmine pay deals for whole economy
19-Dec1200 Bank Of England Interest Rate
20-Dec0700NovPublic Sector Finances / Retail Sales
20-Dec1630 BOE to announce Q1-25 APF sales schedule
23-Dec0700Q3GDP Second Estimate
23-Dec0700Q3Quarterly current account balance
31-Dec0001DecBRC Monthly Shop Price Index

Historical bullets

LOOK AHEAD: UK Timeline of Events (Times GMT)

Nov-06 06:23
DateUKPeriodEvent
06-Nov0930OctS&P Global/CIPS Construction PMI
07-Nov1200SepBank Of England Interest Rate
07-Nov1230 BoE Press Conference
07-Nov1400OctMonthly Decision Maker Panel Data
08-Nov0001 REC UK Report on Jobs
08-Nov0230 BOE's Breeden at Singapore Fintech Festival
08-Nov1215 BOE's Pill and Shortfall hold MPC Agency briefing
11-Nov- DMO quarterly investors/GEMM consultation
12-Nov0700Sep/OctLabour Market Survey
12-Nov1200 Asset Purchase Facility Quarterly Report
13-Nov0945 BOE's Mann at Female Central Bankers panel
14-Nov- Rachel Reeves’ debut Mansion House dinner speech
14-Nov1300 BOE's Mann at Revitalising the global economy event
14-Nov2100 BOE's Bailey speech at Mansion House
15-Nov0700SepGDP/ Trade/ Construction/ Production/ Services
15-Nov0700Q3GDP First Estimate

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

Nov-06 06:18
DateTimeCountryEvent
06-Nov700DEManufacturing Orders
06-Nov1000EUPPI
06-Nov1400EUECB's Lagarde address at anniversary of Single Supervisory Mechanism
06-Nov1430EUECB's De Guindos speech at Distinguished Speaker Seminar
07-Nov700DETrade Balance/ Industrial Production
07-Nov800ESIndustrial Production
07-Nov810EUECB's Schnabel remarks at Money Market conference
07-Nov830EUS&P Global Final Eurozone Construction PMI
07-Nov1000EURetail Sales
07-Nov1045EUECB's Elderson in panel on climate leadership
07-Nov1330EUECB's Lane speech on Public Debt
07-Nov1430EUECB's Lane in panel on Lesson Learnt in Past Crises
08-Nov745FRForeign Trade
08-Nov900ITIndustrial Production
08-Nov900EUECB's Cipollone moderating event on Italy and the World Bank Group
08-Nov1000ITRetail Sales
09-Nov1535EUECB's Lagarde in Climate risks event

BOBL TECHS: (Z4) Bear Threat Remains Present

Nov-06 06:14
  • RES 4: 119.620 High Oct 18    
  • RES 3: 119.330 High Oct 24       
  • RES 2: 118.874 20-day EMA     
  • RES 1: 118.580 Low Sep 3 and a recent breakout level                        
  • PRICE: 118.130 @ 05:58 GMT Nov 6  
  • SUP 1: 117.680 Low Oct 31 and the bear trigger           
  • SUP 2: 117.570 2.00 proj of the Oct 18 - 22 - 24   
  • SUP 3: 117.362 2.236 proj of the Oct 18 - 22 - 24    
  • SUP 4: 117.234 2.382 proj of the Oct 18 - 22 - 24    

A sharp sell-off in Bobl futures last week highlights a strong bearish condition and the move down confirmed a resumption of the bear cycle that started Oct 1. The sell-off paves the way for an extension lower near-term and sights are on 117.570, a Fibonacci extension point. Initial firm resistance is seen at 118.580, the Sep 3 low and a recent breakout level. Short-term gains are - for now - considered corrective.