Market Analysis

Economic Diary:
Week Commencing 29/04/24


Monday 29 April

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart -14.7 -14.7 -14.7
Industrial Sentiment Industrial Sentiment Chart -8.8 -8.6 -10.5
Economic Sentiment Economic Sentiment Chart 96.3 96.7 95.6
Services Sentiment Services Sentiment Chart 6.3 6.7 6.0
Business Climate Business Climate Chart -0.30 -0.53
CPI Final Month on Month   0.4% 0.6% 0.5%

Tuesday 30 April

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.6% 2.5% 2.6%
Retail Sales Year on Year Retail Sales Year on Year Chart 4.6% 2.2% +1.2%
Industrial Production Prelim   -0.6% 3.5% 3.8%
Retail Sales Retail Sales Chart 0.3% 0.2% -0.4%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.8 50.3 50.4
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.1% 0.1% 0.2%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.9% 1.1% +1.8%
Retail Sales Year on Year Retail Sales Year on Year Chart -2.7% +0.3%
PPI Month on Month PPI Month on Month Chart -1.7% -0.2%
Unemployment Change (sa) Unemployment Change (sa) Chart 4k 9k +10k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.9% 5.9% 5.9%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart -0.4% -0.8% -0.9%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart -0.3% 0.1% 0.2%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 0.6% 0.3% 0.6%
GDP Prelim Quarter on Quarter   0.2% 0.1% 0.3%
Money Supply M4   0.5% 0.7%
GDP Month on Month GDP Month on Month Chart 0.6% 0.3%
Consumer Confidence Consumer Confidence Chart 104.7 104.0

Wednesday 01 May

Indicator Previous Expected Actual
PMI Manufacturing   49.9
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 1.6% 1.2%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.2% 0.2%
PMI Manufacturing   48.7 48.7
ADP employment report ADP employment report Chart 184k 175k
PMI Manufacturing   49.8
ISM Manufacturing PMI ISM Manufacturing PMI Chart 50.3 50.0
EIA Weekly Crude Oil Stocks   -6.368Mln -0.750Mln
FOMC Rate Decision   5.375% 5.375%

Thursday 02 May

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 39.5
PMI Manufacturing   50.4 50.0
PMI Manufacturing   44.9 44.9
PMI Manufacturing   42.2 42.2
PMI Manufacturing   45.6 45.6
PPI Year on Year PPI Year on Year Chart -10.8%
PPI Month on Month PPI Month on Month Chart -1.0%
Trade Balance Trade Balance Chart -68.9Bln US -69.1Bln US
Trade Balance Trade Balance Chart 1.39Bln CA 1.50Bln CA
Weekly Jobless Claims Weekly Jobless Claims Chart 207k 212k
Factory Orders Factory Orders Chart 1.4% 1.6%

Friday 03 May

Indicator Previous Expected Actual
Industrial Production Month on Month   0.2% 0.3%
Unemployment Rate   7.5% 7.5%
PMI Services   54.9 54.9
Unemployment Rate Unemployment Rate Chart 6.5% 6.5%
Unemployment Rate Unemployment Rate Chart 3.8% 3.8%
Average Earnings Average Earnings Chart 0.3% 0.3%
Non-Farm Payrolls Non-Farm Payrolls Chart 303k 243k
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 51.4 52.0
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 57.4
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 53.4
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 48.5
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 54.4

Monday 06 May

Indicator Previous Expected Actual
PMI Services   54.6
PMI Services   50.5
PMI Services   53.3
PMI Composite   51.4
PMI Services   52.9
PPI Month on Month PPI Month on Month Chart -1.0%
PPI Year on Year PPI Year on Year Chart -8.3%

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