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% | 0.0% | |||
15:30 | EIA Weekly Crude Oil Stocks | 7.265Mln | -1.066Mln | -1.362Mln |
Thursday 09 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
12:00 | MPC Vote For Rate Unchanged | 8 | 7 | |||
12:00 | MPC Vote For Rate Hike | 0 | 0 | |||
12:00 | MPC Vote For Rate Cut | 1 | 2 | |||
12:00 | BoE Rate Decision | 5.25% | 5.25% | |||
13:30 | Weekly Jobless Claims | 208k | 215k | 231k |
Friday 10 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
07:00 | Industrial Production Month on Month | 1.1% | -0.4% | 0.2% | ||
07:00 | Trade Balance | -14.212Bln GB | -14.400Bln GB | -13.967Bln GB | ||
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 | Manufacturing Output Year on Year | 2.7% | 1.8% | 2.3% | ||
07:00 | Manufacturing Output Month on Month | 1.2% | -0.4% | 0.3% | ||
07:00 | GDP Prelim Quarter on Quarter | -0.3% | 0.4% | 0.6% | ||
09:00 | Industrial Production Year on Year (wda) | -3.1% | -3.5% | |||
09:00 | Industrial Production Month on Month (sa) | 0.1% | 0.3% | -0.5% | ||
13:30 | Unemployment Rate | 6.1% | 6.2% | 6.1% |
Saturday 11 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
02:30 | PPI Year on Year | -2.8% | -2.3% | -2.5% | ||
02:30 | CPI Month on Month (China) | -1.0% | -0.1% | +0.1% |
Tuesday 14 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
07:00 | Average Weekly Earnings 3 Month Year on Year | 5.6% | 5.5% | |||
07:00 | Unemployment Rate (ILO) | 4.2% | 4.3% | |||
07:00 | Claimant Count Unemployment Change | 10.9k | ||||
07:00 | CPI Final Year on Year | 2.2% | 2.2% | |||
10:00 | ZEW Current Conditions | -79.2 | -75.0 | |||
10:00 | ZEW Economic sentiment | 42.9 | 46.3 | |||
13:30 | PPI Final Demand Month on Month | 0.2% | 0.3% | |||
13:30 | PPI excl Food and Energy MM | 0.2% | 0.2% | |||
13:30 | PPI Core Year on Year | 2.1% | 2.2% |
Wednesday 15 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
07:45 | CPI Final Year on Year | 2.4% | 2.4% | |||
07:45 | CPI Final Month on Month | 0.6% | 0.6% | |||
10:00 | Industrial Production Month on Month | 0.8% | -0.2% | |||
10:00 | Industrial Production Year on Year | -6.4% | -1.8% | |||
10:00 | GDP Flash Estimate Quarter on Quarter | 0.3% | 0.3% | |||
10:00 | GDP Flash estimate Year on Year | 0.4% | 0.4% | |||
13:15 | House Starts Annualized | 242.2k | 236.0k | |||
13:30 | Retail Sales Month on Month | 0.7% | 0.4% | |||
13:30 | CPI Month on Month (sa) | 0.4% | 0.4% | |||
13:30 | CPI Year on Year (nsa) | 3.5% | 3.4% | |||
13:30 | Retail Sales Ex-Auto Month on Month | 1.1% | 0.2% | |||
15:00 | Business Inventories Month on Month | 0.4% | 0.0% | |||
15:30 | EIA Weekly Crude Oil Stocks | -1.362Mln |
Thursday 16 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
00:50 | GDP Quarter on Quarter | 0.1% | -0.4% | |||
02:30 | Unemployment Rate | 3.8% | 3.9% | |||
05:30 | Industrial Production Revised | 3.8% | ||||
09:00 | CPI Final Year on Year | 1.0% | 1.0% | |||
09:00 | CPI Final Month on Month | 0.6% | 0.6% | |||
10:00 | Trade Balance | -0.851Bln EU | ||||
13:30 | Philadelphia Fed Business Index | 15.5 | 8.0 | |||
13:30 | Housing Starts | 1.321Mln | 1.420Mln | |||
13:30 | Weekly Jobless Claims | 231k | 219k | |||
14:15 | Industrial Production Month on Month | 0.4% | 0.1% |
Friday 17 May
Time | Region | Indicator | Previous | Expected | Actual | |
---|---|---|---|---|---|---|
03:00 | Retail Sales | 3.1% | 3.9% | |||
06:30 | ILO Unemployment Rate | 7.5% | 7.4% | |||
10:00 | CPI Final Month on Month | 0.8% | 0.6% | |||
10:00 | CPI Final Year on Year | 2.4% | 2.4% |
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