Market Analysis
Economic Diary:
Week Commencing 01/05/23
Monday 01 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 01:30 | 
|
PMI Manufacturing | 49.5 | 49.5 | ||
| 06:00 |
|
Consumer Confidence |
|
33.9 | 35.4 | |
| 14:30 | 
|
PMI Manufacturing | 48.6 | 50.2 | ||
| 15:00 | 
|
ISM Manufacturing PMI |
|
46.3 | 46.8 | 47.1 |
Tuesday 02 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 05:30 | 
|
RBA Cash Rate |
|
3.60% | 3.60% | 3.85% |
| 07:00 | 
|
Retail Sales Year on Year |
|
-7.1% | -8.6% | |
| 07:00 | 
|
House Price Index Year on Year (Nationwide) |
|
-3.1% | -3.6% | -2.7% |
| 07:00 |
|
Retail Sales Month on Month |
|
-1.3% | 0.4% | -2.4% |
| 07:00 |
|
House Price Index Month on Month (Nationwide) |
|
-0.8% | -0.4% | 0.5% |
| 08:45 | 
|
PMI Manufacturing | 51.1 | 49.0 | 46.8 | |
| 08:50 | 
|
PMI Manufacturing | 45.5 | 45.5 | 45.6 | |
| 08:55 |
|
PMI Manufacturing | 44.0 | 44.0 | 44.5 | |
| 09:00 | 
|
PMI Manufacturing | 45.5 | 45.5 | 45.8 | |
| 09:30 |
|
PMI Manufacturing | 46.6 | 46.6 | 47.8 | |
| 11:00 |
|
PPI Year on Year |
|
9.6% | 3.8% | |
| 11:00 |
|
PPI Month on Month |
|
-1.0% | -1.5% | |
| 15:00 |
|
Factory Orders |
|
-0.7% | 1.1% | 0.9% |
Wednesday 03 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 02:30 |
|
Retail Sales |
|
0.2% | 0.3% | +0.4% |
| 09:00 |
|
Unemployment Rate | 8.0% | 8.0% | 7.8% | |
| 10:00 |
|
Unemployment Rate |
|
6.6% | 6.6% | +6.5% |
| 13:15 |
|
ADP employment report |
|
145k | 148k | 296k |
| 15:00 |
|
ISM Non Manufacturing Prices Paid |
|
59.5 | 59.6 | |
| 15:00 |
|
ISM Non Manufacturing New Orders |
|
52.2 | 56.1 | |
| 15:00 |
|
ISM Non Manufacturing Business Activity |
|
55.4 | 54.5 | 52.0 |
| 15:00 |
|
ISM Non Manufacturing Employment |
|
51.3 | 50.8 | |
| 15:00 |
|
ISM Non-Manufacturing PMI |
|
51.2 | 51.8 | 51.9 |
| 15:30 |
|
EIA Weekly Crude Oil Stocks | -5.054Mln | -1.100Mln | -1.280Mln | |
| 19:00 |
|
FOMC Rate Decision | 4.875% | 5.125% | 5.000 - 5.250% |
Thursday 04 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 02:30 |
|
Imports |
|
-9% | +2% | |
| 02:30 |
|
Exports |
|
-3% | +4% | |
| 02:30 |
|
Trade Balance Goods & Services |
|
13870Mln AU | 12650Mln AU | 15269Mln AU |
| 07:00 |
|
Trade Balance |
|
16.0Bln EU | 16.1Bln EU | +16.7Bln EU |
| 08:45 |
|
PMI Services | 55.7 | 56.5 | 57.6 | |
| 08:50 |
|
PMI Services | 56.3 | 56.3 | 54.6 | |
| 08:55 |
|
PMI Services | 55.7 | 55.7 | 56.0 | |
| 09:00 |
|
PMI Composite | 54.4 | 54.4 | 54.1 | |
| 09:00 |
|
PMI Services | 56.6 | 56.6 | 56.2 | |
| 09:30 |
|
Money Supply M4 | -0.4% | -0.6% | ||
| 09:30 |
|
PMI Services | 54.9 | 54.9 | 55.9 | |
| 10:00 |
|
PPI Month on Month |
|
-0.5% | -1.7% | -1.6% |
| 10:00 |
|
PPI Year on Year |
|
13.2% | 5.9% | +5.9% |
| 13:15 |
|
ECB Rate Decision |
|
3.50% | 3.75% | 3.75% |
| 13:30 |
|
Trade Balance |
|
-70.5Bln US | -63.3Bln US | -64.2Bln US |
| 13:30 |
|
Trade Balance |
|
0.42Bln CA | 0.20Bln CA | 0.97Bln CA |
| 13:30 |
|
Weekly Jobless Claims |
|
230k | 240k | 242k |
Friday 05 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:45 |
|
Industrial Production Month on Month | 1.2% | -0.3% | -1.1% | |
| 09:00 |
|
Retail Sales Month on Month (sa) |
|
-0.10% | 0.0% | |
| 09:00 |
|
Retail Sales Year on Year (nsa) |
|
5.80% | +5.8% | |
| 10:00 |
|
Retail Sales Year on Year |
|
-3.0% | -3.1% | -3.8% |
| 10:00 |
|
Retail Sales Month on Month |
|
-0.8% | -0.1% | -1.2% |
| 13:30 |
|
Unemployment Rate |
|
5.0% | 5.1% | 5.0% |
| 13:30 |
|
Non-Farm Payrolls |
|
236k | 180k | 253k |
| 13:30 |
|
Unemployment Rate |
|
3.5% | 3.6% | 3.4% |
| 13:30 |
|
Average Earnings |
|
0.3% | 0.3% | 0.5% |
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