Market Analysis

Economic Diary:
Week Commencing 02/08/21


Monday 02 August

Indicator Previous Expected Actual
PMI Manufacturing   52.2 53.0
Consumer Confidence Consumer Confidence Chart 37.4 37.5
Retail Sales Month on Month Retail Sales Month on Month Chart 4.2% 2.0% 4.2%
Retail Sales Year on Year Retail Sales Year on Year Chart -2.4% 3.2% 6.2%
PMI Manufacturing   62.2 61.5 60.3
PMI Manufacturing   58.1 58.1 58.0
PMI Manufacturing   65.6 65.6 65.9
PMI Manufacturing   62.6 62.6 62.8
PMI Manufacturing   60.4 60.4 60.4
ISM Manufacturing PMI ISM Manufacturing PMI Chart 60.6 60.9 59.5

Tuesday 03 August

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 0.10% 0.10% 0.1%
PPI Month on Month PPI Month on Month Chart 1.3% 1.4% 1.4%
PPI Year on Year PPI Year on Year Chart 9.6% 10.3% 10.2%
PMI Manufacturing   56.5 56.2
Factory Orders Factory Orders Chart 1.7% 1.0% 1.5%

Wednesday 04 August

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart -1.8% -1.8% -1.8%
PMI Services   56.7 58.3 58.0
PMI Services   57.0 57.0 56.8
PMI Services   62.2 62.2 61.8
PMI Services   60.4 60.4 59.8
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 13.30% +7.7%
PMI Composite   60.6 60.6 60.2
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 0.20% +0.7%
PMI Services   57.8 57.8 59.6
Retail Sales Year on Year Retail Sales Year on Year Chart 9.0% 4.5% +5.0%
Retail Sales Month on Month Retail Sales Month on Month Chart 4.6% 1.7% +1.5%
ADP employment report ADP employment report Chart 692k 695k 330k
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 49.3 53.8
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 62.1 63.7
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 79.5 82.3
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 60.1 60.5 64.1
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 60.4 60.6 67.0
EIA Weekly Crude Oil Stocks   -4.089Mln -3.102Mln 3.626Mln

Thursday 05 August

Indicator Previous Expected Actual
Imports Imports Chart 3% +1%
Exports Exports Chart 6% +4%
Trade Balance Goods & Services Trade Balance Goods & Services Chart 9681Mln AU 10450Mln AU 10496Mln AU
Industrial Production Month on Month   -0.3% 0.6% +0.5%
BoE Rate Decision BoE Rate Decision Chart 0.10% 0.10% 0.10%
MPC Vote For Rate Hike   0 0 0
MPC Vote For Rate Unchanged   9 8 8
BoE QE Total   875Bln GB 875Bln GB 875Bln GB
MPC Vote For Rate Cut   0 0 0
Weekly Jobless Claims Weekly Jobless Claims Chart 400k 373k 385k
Trade Balance Trade Balance Chart -1.39Bln CA -0.68Bln CA 3.23Bln CA
Trade Balance Trade Balance Chart -71.0Bln US -74.1Bln US -75.7Bln US

Friday 06 August

Indicator Previous Expected Actual
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.5% 0.4%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.3% 0.5% -1.3%
Trade Balance Trade Balance Chart -6.80Bln EU -5.819Bln EU
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart 21.1% 13.9%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -1.6% 1.0% 1.0%
Non-Farm Payrolls Non-Farm Payrolls Chart 850k 870k +943k
Unemployment Rate Unemployment Rate Chart 7.8% 7.4% 7.5%
Average Earnings Average Earnings Chart 0.3% 0.3% 0.4%
Unemployment Rate Unemployment Rate Chart 5.9% 5.7% 5.4%

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