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

Jan-04 06:23
Date Time Period Event
04-Jan 0930 Nov BOE M4 / Lending
05-Jan 0930 Dec IHS Markit/CIPS Services PMI (Final)
05-Jan 0930 Dec BOE Dec DMP Survey
06-Jan 0930 Dec IHS Markit/CIPS Construction PMI
07-Jan 1615 BOE Mann Panellist at American Economics Association
08-Jan 1300 BOE Pill Panellist at American Economics Association
09-Jan ---- ---- House of Commons Returns
11-Jan 0001 Dec BRC-KPMG Shop Sales Monitor
13-Jan 0700 Dec UK Monthly GDP/Services/Production/Trade/Construction
17-Jan 0700 Dec Labour Market Survey
18-Jan 0700 Dec Inflation report
18-Jan 0930 Dec ONS House Price Index
20-Jan 0700 Dec Retail Sales

Historical bullets

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

Dec-05 06:23
Date Time Period Event
05-Dec 0930 Nov S&P Global/CIPS UK Services PMI (final)
06-Dec 0001 Nov BRC-KPMG Shop Sales Monitor
06-Dec 0930 Nov S&P Global/CIPS UK Construction PMI
08-Dec 0001 Nov RICS House Price Balance
09-Dec 0930 Nov BoE/Ipsos Inflation Next 12 Months
12-Dec 0001 Dec Rightmove House Prices
12-Dec 0700 Oct UK Monthly GDP/Trade/Production/Services/Construction
13-Dec 0700 Oct Labour Market Survey
14-Dec 0700 Nov Inflation Report
14-Dec 0930 Oct Halifax House Price Index
15-Dec 1200 ---- Bank Of England Interest Rate Decision
16-Dec ---- BOE Announce Q1 Active Gilt Sales Schedule
16-Dec 0001 Dec Gfk Monthly Consumer Confidence
16-Dec 0700 Nov Retail Sales

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

Dec-05 06:18
Date Time Country Event
05-Dec ---- EU ECB Panetta at Eurogroup Meeting
05-Dec 0145 EU ECB Lagarde at Central Bank Governors IMF Seminar
05-Dec 0815 ES S&P Global Services PMI (f)
05-Dec 0845 IT S&P Global Services PMI (f)
05-Dec 0850 FR S&P Global Services PMI (f)
05-Dec 0855 DE S&P Global Services PMI (f)
05-Dec 0900 EU S&P Global Services PMI (f)
05-Dec 0930 EU Sentix Economic Index
05-Dec 1000 EU Retail Sales
06-Dec ---- EU ECB de Guindos at ECOFIN Meeting
06-Dec 0900 DE Manufacturing Orders
06-Dec 1030 EU S&P Global Eurozone Construction PMI
06-Dec 1030 DE S&P Global Germany Construction PMI
06-Dec 1600 EU ECB Publication of Monthly APP/PEPP update

USDJPY TECHS: Trend Direction Remains Down

Dec-05 06:15
  • RES 4: 139.99 20-day EMA
  • RES 2: 139.89 High Nov 30
  • RES 3: 137.68 Low Nov 15 and a recent breakout level
  • RES 1: 135.98 High Dec 2
  • PRICE: 134.69 @ 06:14 GMT Dec 5
  • SUP 1: 133.63 Low Dec 2
  • SUP 2: 132.56 Low Aug 15
  • SUP 3: 131.08 1.00 proj of the Oct 31 - Nov 15 - 21 price swing
  • SUP 4: 130.41 Low Aug 2

The short-term trend condition in USDJPY remains bearish. Last Thursday’s move lower confirmed a resumption of the downtrend and Friday’s follow through reinforces a bear theme and maintains the bearish price sequence of lower lows and lower highs. Sights are on 132.56, the Aug 15 low. Moving average studies are in a bear mode position and this highlights current sentiment. Key short-term resistance to watch is 139.89, the Nov 30 high.