Market Analysis

Economic Diary:
Week Commencing 01/07/24


Monday 01 July

Indicator Previous Expected Actual
Tankan Big Non-Manufacturers Index Tankan Big Non-Manufacturers Index Chart 34 33 33
Tankan Big Manufacturers Index Tankan Big Manufacturers Index Chart 11 12 13
PMI Manufacturing   50.1 50.0
Consumer Confidence Consumer Confidence Chart 36.2 36.4
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.4% -0.1% 0.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 1.3% 1.1% 1.5%
PMI Manufacturing   45.6 44.4 45.7
PMI Manufacturing   45.3 45.3 45.4
PMI Manufacturing   43.4 43.4 43.5
PMI Manufacturing   45.6 45.6 45.8
PMI Manufacturing   51.4 51.4 50.9
Money Supply M4   0.1% -0.1%
CPI Final Month on Month   0.1% 0.2% 0.1%
ISM Manufacturing PMI ISM Manufacturing PMI Chart 48.7 49.1 48.5

Tuesday 02 July

Indicator Previous Expected Actual
Unemployment Rate   6.9% 6.9% 6.8%
Unemployment Rate Unemployment Rate Chart 6.4% 6.4% 6.4%
PMI Manufacturing   49.3 49.3

Wednesday 03 July

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 0.1% 0.2% +0.6%
PMI Services   54.2 53.7 53.7
PMI Services   48.8 48.8 49.6
PMI Services   53.5 53.5 53.1
PMI Composite   50.8 50.8 50.9
PMI Services   52.6 52.6 52.8
PMI Services   51.2 51.2 52.1
PPI Year on Year PPI Year on Year Chart -5.7% -4.1% -4.2%
PPI Month on Month PPI Month on Month Chart -1.0% -0.1% -0.2%
ADP employment report ADP employment report Chart 152k 160k 150k
Weekly Jobless Claims Weekly Jobless Claims Chart 233k 235k 238k
Trade Balance Trade Balance Chart -1.05Bln CA -1.20Bln CA -1.93Bln CA
Trade Balance Trade Balance Chart -74.6Bln US -76.2Bln US -75.1Bln US
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 54.1 47.3
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 53.8 52.5 48.8
Factory Orders Factory Orders Chart 0.7% 0.2% -0.5%
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 58.1 56.3
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 61.2 49.6
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 47.1 46.1
EIA Weekly Crude Oil Stocks   3.591Mln -0.680Mln -12.157Mln

Friday 05 July

Indicator Previous Expected Actual
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.1% -0.2%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.1% 0.2% -2.5%
Industrial Production Month on Month   0.5% -0.5% -2.1%
Trade Balance Trade Balance Chart -7.579Bln EU -7.987Bln EU
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart -0.10% +0.4%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart -1.90% +0.4%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.0% 0.1% +0.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -0.5% 0.2% +0.1%
Unemployment Rate Unemployment Rate Chart 4.0% 4.0% 4.1%
Unemployment Rate Unemployment Rate Chart 6.2% 6.3% 6.4%
Average Earnings Average Earnings Chart 0.4% 0.3% 0.3%
Non-Farm Payrolls Non-Farm Payrolls Chart 272k 190k 206k
Non-Farm Payrolls Non-Farm Payrolls Chart 216K 191K 206K
Unemployment Rate Unemployment Rate Chart 4.0% 4.0% 4.1%

MARKET ANALYSIS

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