Market Analysis

Economic Diary:
Week Commencing 04/11/24


Monday 04 November

Indicator Previous Expected Actual
PMI Manufacturing   48.3 48.6 46.9
PMI Manufacturing   44.5 44.5 44.5
PMI Manufacturing   42.6 42.6 43.0
PMI Manufacturing   45.9 45.9 46.0
Factory Orders Factory Orders Chart -0.2% -0.5% -0.5%

Tuesday 05 November

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 1.7% +0.3%
RBA Cash Rate RBA Cash Rate Chart 4.35% 4.35% 4.35%
Industrial Production Month on Month   1.4% -0.6% -0.9%
PMI Services   51.8 51.8 52.0
Trade Balance Trade Balance Chart -70.4Bln US -84.1Bln US -84.4Bln US
Trade Balance Trade Balance Chart -1.10Bln CA -0.80Bln CA -1.26Bln CA
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 48.1
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 59.4
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 54.9 53.8
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 59.4
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 59.9

Wednesday 06 November

Indicator Previous Expected Actual
PMI Services   50.5 50.5
PMI Services   48.3 48.3
PMI Services   51.4 51.4
PMI Composite   49.7 49.7
PMI Services   51.2 51.2
PPI Month on Month PPI Month on Month Chart 0.6% -0.6%
PPI Year on Year PPI Year on Year Chart -2.3% -3.5%
EIA Weekly Crude Oil Stocks   -0.515Mln 1.800Mln

Thursday 07 November

Indicator Previous Expected Actual
Industrial Production Month on Month Industrial Production Month on Month Chart 2.9% -1.0%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 0.3% 0.2%
Trade Balance Trade Balance Chart 22.5Bln EU 20.9Bln EU
Retail Sales Month on Month Retail Sales Month on Month Chart 0.2% 0.4%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.8% 1.3%
MPC Vote For Rate Hike   0 0
BoE Rate Decision BoE Rate Decision Chart 5.00% 4.75%
MPC Vote For Rate Cut   1 7
MPC Vote For Rate Unchanged   8 2
Weekly Jobless Claims Weekly Jobless Claims Chart 216k 221k
FOMC Rate Decision   4.875% 4.625%

Friday 08 November

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart -7.371Bln EU
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -3.2%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart 0.1% -0.2%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart -0.50%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 0.80%
Unemployment Rate Unemployment Rate Chart 6.5% 6.6%

Saturday 09 November

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart -2.8% -2.5%
CPI Month on Month (China) CPI Month on Month (China) Chart 0.0%

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