All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Calendar event / 15 hours ago

    GB UK monthly unemployment figures

    forecast
    actual
    High Jobless Claimants % of Workforce
    2.3%
    High Jobless Claimants-Adj
    -4200
    Med Avg Earnings Ex-Bonuses, 3-Mo
    +2%
    +2.1%
    Med Unemployment Rate, 3-Mo
    4.5%
    4.4%
    Med Unemployment, Net Chg, 3-Mo
    -57000
  • Calendar event / Yesterday at 8:30 GMT

    GB UK monthly inflation figures

    forecast
    actual
    High CPI, Y/Y%
    +2.7%
    +2.6%
    High Core CPI, Y/Y%
    +2.5%
    +2.4%
    High Retail Price Idx, Y/Y%
    +3.6%
    Med CPI, M/M%
    0%
    -0.1%
    Med Core CPI, M/M%
    -0.1%
    Med Retail Price Idx, M/M%
    +0.2%
  • Calendar event / Thursday at 8:30 GMT

    GB UK trade

    forecast
    actual
    Med Global Goods-SA (GBP)
    -11B
    -12.7B
    Med Non-EU Goods-SA (GBP)
    -4.5B
    6d
    fxtime fxtime
    Are so you are coming back to work !! I thought you were on a major travel/sojourn around the USA ? :-)
    6d
    usxau usxau
    fx, unfortunately I have to work! :) spent the last few years vacationing in the US because of my kids! :)
    6d
    fxtime fxtime
    LOL...I know the feeling... :-)
  • Squawk / 08 August 2017 at 8:37 GMT
    Technical Analyst / PIA-First
    United Kingdom
    Tobacco stocks continue to look weak in the current market. British American Tobacco (BATS:xlon) recently completed a head and shoulders top pattern and has successfully retested the new resistance level.

    The shares now look ready to roll over again to the downside and target the measured move of the formation at 4668p. The shares have already visited this level following the sharp move lower last week.

    I expect to see the shares revisit this level and for an extension of the move to the downside towards 4360p.

    Imperial Tobacco appears equally as weak but my preferred play is BATS for now.

    Sell at market (5006p)
    Stop loss at 5200p
    Target 1: 4670p
    Target 2: 4360p
    Read the Squawk