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

Nov-10 06:23
Date Time Period Event
10-Nov ---- ---- House of Commons Recess Starts
10-Nov 0001 Oct RICS House Prices
10-Nov 0130 ---- BOE Ramsden Panels PIIE & LKY Conference
10-Nov 1310 ---- BOE Tenreyro Speaks at SPE Conference
11-Nov 0700 Q3/Sep GDP / Construction / Trade / Production / Services
14-Nov ---- ---- House of Commons Returns
14-Nov 0001 Nov Rightmove House Prices
15-Nov 0700 Sep Labour Market Survey
16-Nov 0700 Oct Inflation Report
16-Nov 0930 Oct ONS House Price Index
17-Nov ---- ---- Autumn Statement with OBR forecasts /Updated DMO Remit
18-Nov 0001 Nov Gfk Monthly Consumer Confidence
18-Nov 0700 Oct Retail Sales
21-Nov 1530 ---- DMO Announces Agenda for Consultation Meetings

Historical bullets

BOE: New purchases of linkers announced; corp bond sales paused

Oct-11 06:21

The Bank of England has announced the following changes to this week's operations:

  • Linkers will now be eligible in the daily gilt purchase operations for the remainder of this week. The BOE will purchase as a "backdrop" - in the same way it has acted as a backdrop for conventional purchases.
  • Up to GBP5bln linkers will be eligible for purchase each day and GBP5bln of long conventional.
  • Linker purchases will take place between 14:15-14:45BST.
  • The long-dated conventional purchases will now take place between 15:15-15:45BST (an hour later than previous operations).
  • The daily purchase amounts will be confirmed each morning at 9:00BST.
  • Corporate bonds sales scheduled for today and tomorrow "will not take place". Confirmation of next week's operations will be made at 11:00BST next Monday (17 October).

MNI: UK SEP CLAIMANT CHG +25500

Oct-11 06:00



  • MNI: UK SEP CLAIMANT CHG +25500
  • UK SEP CLAIMANT RATE +3.9%
  • UK AUG ILO UNEMPLOYMENT RATE +3.5%
  • UK AUG AVE WEEKLY EARNINGS +6% YY
  • UK AUG AVE WEEKLY EARNINGS EX-BONUS +5.4% YY

USDCAD TECHS: Breaches Key Resistance

Oct-11 05:59
  • RES 4: 1.4000 Psychological round number
  • RES 3: 1.3970 3.236 proj of the Aug 25 - Sep 7 - 13 price swing
  • RES 2: 1.3896 3.00 proj of the Aug 25 - Sep 7 - 13 price swing
  • RES 1: 1.3855 Intraday high
  • PRICE: 1.3837 @ 06:58 BST Oct 11
  • SUP 1: 1.3676 Low Oct 7
  • SUP 2: 1.3541/03 20-day EMA / Low Oct 4
  • SUP 3: 1.3358 Low Sep 21
  • SUP 4: 1.3298 50-day EMA

USDCAD remains in an uptrend and the latest recovery from 1.3503, Oct 10 high, reinforces bullish conditions. This low represents a key short-term support. Moving average studies continue to highlight an uptrend and bullish market sentiment. 1.3838, the Sep 30 high and key resistance has been breached. The break confirms a resumption of the broader uptrend and opens 1.3896, a Fibonacci projection.