Market Analysis
Economic Diary:
Week Commencing 06/05/24
Monday 06 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 08:45 | 
|
PMI Services | 54.6 | 54.0 | 54.3 | |
| 08:50 | 
|
PMI Services | 50.5 | 50.5 | 51.3 | |
| 08:55 | 
|
PMI Services | 53.3 | 53.3 | 53.2 | |
| 09:00 | 
|
PMI Services | 52.9 | 52.9 | 53.3 | |
| 09:00 |
|
PMI Composite | 51.4 | 51.4 | 51.7 | |
| 10:00 |
|
PPI Year on Year |
|
-8.3% | -7.7% | -7.8% |
| 10:00 |
|
PPI Month on Month |
|
-1.0% | -0.4% | -0.4% |
Tuesday 07 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 00:01 | 
|
Retail Sales (Office for National Stats) |
|
3.2% | -4.4% | |
| 05:30 | 
|
RBA Cash Rate |
|
4.35% | 4.35% | 4.35% |
| 07:00 |
|
Trade Balance |
|
21.4Bln EU | 22.2Bln EU | 22.3Bln EU |
| 07:00 |
|
House Price Index UK (Halifax) |
|
-1.0% | 0.1% | |
| 07:45 |
|
Trade Balance |
|
-5.244Bln EU | -5.473Bln EU | |
| 10:00 |
|
Retail Sales Month on Month |
|
-0.5% | 0.7% | 0.8% |
| 10:00 |
|
Retail Sales Year on Year |
|
-0.7% | -0.2% | 0.7% |
Wednesday 08 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 |
|
Industrial Production Month on Month |
|
2.1% | -0.6% | -0.4% |
| 09:00 |
|
Retail Sales Year on Year (nsa) |
|
2.40% | 2.00% | |
| 09:00 |
|
Retail Sales Month on Month (sa) |
|
0.10% | 0.00% | |
| 15:30 | 
|
EIA Weekly Crude Oil Stocks | 7.265Mln | -1.066Mln | -1.362Mln |
Thursday 09 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 12:00 |
|
BoE Rate Decision |
|
5.25% | 5.25% | |
| 12:00 |
|
MPC Vote For Rate Cut | 1 | 2 | ||
| 12:00 |
|
MPC Vote For Rate Hike | 0 | 0 | ||
| 12:00 |
|
MPC Vote For Rate Unchanged | 8 | 7 | ||
| 13:30 |
|
Weekly Jobless Claims |
|
208k | 215k | 231k |
Friday 10 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 |
|
GDP Prelim Quarter on Quarter |
|
-0.3% | 0.4% | 0.6% |
| 07:00 |
|
Manufacturing Output Month on Month |
|
1.2% | -0.4% | 0.3% |
| 07:00 |
|
Manufacturing Output Year on Year |
|
2.7% | 1.8% | 2.3% |
| 07:00 |
|
Industrial Production Month on Month |
|
1.1% | -0.4% | 0.2% |
| 07:00 |
|
GDP Prelim Year on Year | -0.2% | 0.0% | 0.2% | |
| 07:00 |
|
Trade Balance Non-EU |
|
-2.895Bln GB | -3.811Bln GB | |
| 07:00 |
|
Industrial Production Year on Year |
|
1.4% | 0.3% | 0.5% |
| 07:00 |
|
Trade Balance |
|
-14.212Bln GB | -14.400Bln GB | -13.967Bln GB |
| 09:00 |
|
Industrial Production Month on Month (sa) |
|
0.1% | 0.3% | -0.5% |
| 09:00 |
|
Industrial Production Year on Year (wda) |
|
-3.1% | -3.5% | |
| 13:30 | 
|
Unemployment Rate |
|
6.1% | 6.2% | 6.1% |
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