AUTOMOTIVE: Forvia (EOFP Ba3/BB-/BB+[N]): 1Q25 Sales Headlines
Apr-17 06:23
"*FORVIA 1Q SALES EU6.70B, EST. EU6.51B" "*FORVIA CONFIRMS FY GUIDANCE" - BBG...
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LOOK AHEAD: UK Timeline of Key Events (GMT Times)
Mar-18 06:23
| Date | UK | Period | Event |
| 18-Mar | 0930 | Consumer Price inflation weight update | |
| 19-Mar | 0001 | Feb | Brightmine pay deals for whole economy |
| 20-Mar | 0700 | Jan/Feb | Labour Market Survey |
| 20-Mar | 1100 | Mar | CBI Industrial Trends |
| 20-Mar | 1200 | Bank Of England Interest Rate | |
| 20-Mar | 1200 | Agents summary of business conditions | |
| 21-Mar | 0001 | Mar | Gfk Monthly Consumer Confidence |
| 21-Mar | 0700 | Feb | Public Sector Finances |
| 24-Mar | 0930 | Mar | S&P Global Flash PMI |
| 24-Mar | 1800 | BOE's Bailey lecture on UK growth | |
| 25-Mar | 1100 | Mar | CBI Distributive Trades |
| 26-Mar | 0700 | Feb | Consumer inflation report |
| 26-Mar | 0700 | Feb | Producer Prices |
| 26-Mar | - | OBR Spring Forecasts | |
| 26-Mar | 1530 | DMO agenda for quarterly consultation | |
| 27-Mar | 0830 | BOE's Dhingra on inflation targeting in the UK post-pandemic |
EURGBP TECHS: Bullish Outlook
Mar-18 06:22
- RES 4: 0.8530 76.4% retracement of the Aug 8 - Dec 19 ‘24 bear leg
- RES 3: 0.8494 High Aug 26 ‘24
- RES 2: 0.8474 High Jan 20 and a key resistance
- RES 1: 0.8450 High Mar 11
- PRICE: 0.8408 @ 06:21 GMT Mar 18
- SUP 1: 0.8369/8345 Low Mar 14 / 50-day EMA
- SUP 2: 0.8299/41 Low Mar 5 / 3 and a near-term bear trigger
- SUP 3: 0.8223 Low Dec 19 and a key support
- SUP 4: 0.8203 Low Mar 7 ‘22 and a lowest point of a multi-year range
A bull cycle in EURGBP remains in play. Friday’s bullish engulfing candle - a reversal pattern - signals a resumption of the trend and the end of the recent corrective pullback. Initial firm support to watch lies at 0.8345, the 50-day EMA. For bulls, a continuation higher and a break of 0.8450, the Mar 11 high, would open 0.8474, the Jan 20 high and the next key resistance. Clearance of this level would strengthen bullish conditions.
LOOK AHEAD: Eurozone Timeline of Key Events (Times GMT)
Mar-18 06:18
| Date | Time | Country | Event |
| 18-Mar | 1000 | EU | Trade Balance |
| 18-Mar | 1000 | DE | ZEW Current Expectations Index |
| 19-Mar | 1000 | EU | HICP (f) |
| 19-Mar | 1200 | EU | ECB's de Guindos at V Observatorio Finanzas |
| 19-Mar | 1300 | EU | ECB Elderson At European Financials Conference |
| 20-Mar | 700 | DE | PPI |
| 20-Mar | 800 | EU | ECB's Lagarde At ECON Hearing |
| 20-Mar | 1000 | EU | Construction Production |
| 20-Mar | 1200 | EU | ECB's Lane At UCC Economics Society's Conference |
| 21-Mar | 745 | FR | Manufacturing Sentiment |
| 21-Mar | 900 | EU | EZ Current Account |
| 21-Mar | 1500 | EU | Consumer Confidence Indicator (p) |
| 24-Mar | 815 | FR | S&P Global Flash PMI |
| 24-Mar | 830 | DE | S&P Global Flash PMI |
| 24-Mar | 900 | EU | S&P Global Flash PMI |
| 25-Mar | 800 | ES | PPI |
| 25-Mar | 900 | DE | IFO Business Climate Index |
| 25-Mar | 1400 | BE | BNB Business Confidence |
