Market Analysis

Economic Diary:
Week Commencing 18/11/24


Monday 18 November

Indicator Previous Expected Actual
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
Trade Balance Trade Balance Chart 4.6Bln EU +12.5Bln EU
House Starts Annualized House Starts Annualized Chart 223.8k 240.0k 240.8k

Tuesday 19 November

Indicator Previous Expected Actual
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1%
CPI Final Year on Year CPI Final Year on Year Chart 2.0% 2.0% 2.0%
CPI Final Month on Month CPI Final Month on Month Chart -0.1% 0.3% 0.3%
CPI Month on Month CPI Month on Month Chart -0.4% 0.3% 0.4%
CPI Boc Core Month on Month CPI Boc Core Month on Month Chart 0.0% +0.4%
Housing Starts Housing Starts Chart 1.354Mln 1.330Mln 1.311Mln
CPI BoC Core Year on Year CPI BoC Core Year on Year Chart 1.6% +1.7%
CPI Year on Year CPI Year on Year Chart 1.6% 1.9% 2.0%
Imports Year on Year Imports Year on Year Chart 2.1% -0.3% 0.4%
Exports Year on Year Exports Year on Year Chart -1.7% 2.2% 3.1%
Trade Balance Trade Balance Chart -294.3Bln JP -360.4Bln JP -461.2Bln JP

Wednesday 20 November

Indicator Previous Expected Actual
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 0.0% 0.3%
CPI Month on Month CPI Month on Month Chart 0.0% 0.5% +0.6%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
PPI Month on Month PPI Month on Month Chart -0.5% 0.2% +0.2%
RPI Year on Year RPI Year on Year Chart 2.7% 3.4% 3.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 1.4% 1.7%
PPI Year on Year PPI Year on Year Chart -1.4% -1.1% -1.1%
CPI Year on Year CPI Year on Year Chart 1.7% 2.2% +2.3%
RPI Month on Month RPI Month on Month Chart -0.3% 0.5% 0.5%
EIA Weekly Crude Oil Stocks   2.089Mln 0.138Mln 0.545Mln

Thursday 21 November

Indicator Previous Expected Actual
Public Sector Net Borrowing   16.613Bln GB 17.354Bln GB
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1%
Weekly Jobless Claims Weekly Jobless Claims Chart 217k 220k 213k
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart 10.3 8.0 -5.5
Industrial PPI Year on Year Industrial PPI Year on Year Chart -0.9% 1.1%
Industrial PPI Month on Month Industrial PPI Month on Month Chart -0.6% 1.2%
Existing Home Sales Existing Home Sales Chart 3.84Mln 3.93Mln 3.96Mln
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart 2.4% 2.2% 2.3%
CPI Overall Nationwide CPI Overall Nationwide Chart 2.5% 2.3%

Friday 22 November

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -21 -22 -18
GDP Year on Year GDP Year on Year Chart 0.2% 0.2% 0.1%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1% 0.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.2% 0.2% 0.1%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.3% -0.3% -0.7%
Retail Sales Year on Year Retail Sales Year on Year Chart 3.9% 3.4% 2.4%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.4% 0.4% 0.4%
Univ Michigan Sentiment Univ Michigan Sentiment Chart 73.0 73.7 71.8
Univ Michigan Conditions Univ Michigan Conditions Chart 64.4 63.9
Univ Michigan Expectation Univ Michigan Expectation Chart 78.5 76.9

Saturday 23 November

Indicator Previous Expected Actual
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1% 0.2%

Monday 25 November

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 87.3 87.0

Tuesday 26 November

Indicator Previous Expected Actual
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.738Mln 0.725Mln
Consumer Confidence Consumer Confidence Chart 108.7 111.6

Wednesday 27 November

Indicator Previous Expected Actual
RBNZ Rate Decision RBNZ Rate Decision Chart 4.75% 4.25%
Consumer Confidence Consumer Confidence Chart 94
ZEW Investor Sentiment   -7.7
GFK Consumer Confidence GFK Consumer Confidence Chart -18.3 -18.2
Durable Goods   -0.7% 0.5%
Weekly Jobless Claims Weekly Jobless Claims Chart 213k 217k
Dallas Fed PCE Dallas Fed PCE Chart 2.5%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 2.7% 2.8%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.4%
Personal Income Month on Month Personal Income Month on Month Chart 0.3% 0.3%
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 7.4% -1.3%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 2.1% 2.3%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.2% 0.2%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.3%
EIA Weekly Crude Oil Stocks   0.545Mln

Thursday 28 November

Indicator Previous Expected Actual
Consumer Confidence   97.4
Consumer Confidence Consumer Confidence Chart -13.7
Economic Sentiment Economic Sentiment Chart 95.6 95.3
PPI Month on Month PPI Month on Month Chart -0.6%
Industrial Sentiment Industrial Sentiment Chart -13.0 -13.2
Business Climate Business Climate Chart -0.96
Services Sentiment Services Sentiment Chart 7.1 6.5
PPI Year on Year PPI Year on Year Chart -2.0%
CPI Final Month on Month   0.4% -0.2%
Unemployment Rate Unemployment Rate Chart 2.4% 2.5%
Industrial Production Prelim   1.6% 3.9%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.5% 2.2%

Friday 29 November

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 36.2
Retail Sales Month on Month Retail Sales Month on Month Chart 1.2% 0.2%
Retail Sales Year on Year Retail Sales Year on Year Chart 3.8%
PPI Month on Month PPI Month on Month Chart -0.1%
GDP Detailed Quarter on Quarter   0.4% 0.4%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.1% 6.1%
Unemployment Change (sa) Unemployment Change (sa) Chart 27k 20k
Money Supply M4   0.6%
GDP Month on Month GDP Month on Month Chart 0.0% 0.3%
GDP Quarter on Quarter Annualised GDP Quarter on Quarter Annualised Chart 2.1% 1.0%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.5%

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