Market Analysis

Economic Diary:
Week Commencing 02/06/14


Monday 02 June

Indicator Previous Expected Actual
PMI Manufacturing   49.4 49.9
PMI Manufacturing   49.4 49.9
PMI Manufacturing   54.0 53.7 53.2
PMI Manufacturing   49.3 49.3 49.6
PMI Manufacturing   52.9 52.9 52.3
PMI Manufacturing   52.5 52.5 52.2
PMI Manufacturing   57.3 57.0 57.0
CPI Final Month on Month   -0.2% 0.2% -0.1%
PMI Manufacturing   52.9 52.2
ISM Manufacturing PMI ISM Manufacturing PMI Chart 54.9 55.5 55.4

Corporate Statements

Flag of Great Britain
St.Modwen Properties
Flag of the USA
Krispy Kreme, Quiksilver

Tuesday 03 June

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 0.1% 0.2% +0.2%
RBA Cash Rate RBA Cash Rate Chart 2.50% 2.50% 2.50%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.2% 0.6% 0.7%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 10.9% 10.9% 11.1%
Unemployment Rate   12.7% 12.7% 12.6%
Unemployment Rate Unemployment Rate Chart 11.8% 11.8% 11.7%
Factory Orders Factory Orders Chart 0.9% 0.5% +0.7%

Corporate Statements


Wednesday 04 June

Indicator Previous Expected Actual
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.8% 1.0% +1.1%
GDP Final Year on Year GDP Final Year on Year Chart 2.8% 3.3% +3.5%
PMI Services   51.1 51.5 51.6
PMI Services   49.2 49.2 49.1
PMI Services   56.4 56.4 56.0
PMI Composite   53.9 53.9 53.5
PMI Services   53.5 53.5 53.2
PMI Services   58.7 58.2 58.6
PPI Year on Year PPI Year on Year Chart -1.6% -1.2% -1.2%
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.2% 0.2% 0.2%
PPI Month on Month PPI Month on Month Chart -0.2% -0.1% -0.1%
GDP Revised Year on Year GDP Revised Year on Year Chart 0.9% 0.9% 0.9%
ADP employment report ADP employment report Chart 220k 210k 179.0k
Trade Balance Trade Balance Chart -40.4bln $ -40.8bln $ -47.24bln $
Trade Balance Trade Balance Chart 0.08bln C$ 0.20bln C$ -0.64bln C$
BoC Rate Decision   1.00% 1.00%
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 58.2 60.5
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 51.3 52.4
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 60.9 60.0 62.1
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 55.2 55.5 56.3
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 60.8 61.4
BoC Rate Decision   1.00% 1.00% 1.0%

Corporate Statements

Flag of Great Britain
Advanced Computer Software, Alternative Networks, Findel, RPC Group, Synergy Health, Tesco, Workspace Group

Thursday 05 June

Indicator Previous Expected Actual
Imports Imports Chart 0.0% +2%
Exports Exports Chart -2.0% -1%
Trade Balance Goods & Services Trade Balance Goods & Services Chart 731mln AU 300mln AU -122mln AU
ILO Unemployment Rate ILO Unemployment Rate Chart 10.20% 10.1%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.2% 0.7% +3.9%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.3% 0.1% 0.4%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.9% 2.4%
BoE Rate Decision BoE Rate Decision Chart 0.50% 0.50% 0.5%
BoE QE Total   375bln GB 375bln GB
ECB Rate Decision ECB Rate Decision Chart 0.25% 0.10% 0.15%
Weekly Jobless Claims Weekly Jobless Claims Chart 300k 310k 312k

Corporate Statements

Flag of the USA
Coopers Cos Inc, Gap Inc, J.M Smucker, Joy Global Inc, Verifone Systems
Flag of Great Britain
Acal, ASOS, Bellway, VP, Wincanton

Friday 06 June

Indicator Previous Expected Actual
Industrial Production Month on Month Industrial Production Month on Month Chart -0.5% 0.4% 0.2%
Trade Balance Trade Balance Chart 14.8bln EU 15.2bln EU 17.7bln EU
Trade Balance Trade Balance Chart -4.9bln EU -3.9bln EU
Trade Balance Non-EU Trade Balance Non-EU Chart -3.19bln GB -3.10bln GB -3.783bln GB
Trade Balance Trade Balance Chart -8.48bln GB -8.65bln GB -8.924bln GB
Non-Farm Payrolls Non-Farm Payrolls Chart 288k 218k +217k
Unemployment Rate Unemployment Rate Chart 6.3% 6.4% 6.3%
Unemployment Rate Unemployment Rate Chart 6.9% 6.9% 7%
Average Earnings Average Earnings Chart 0.0% 0.2% +0.2%

Corporate Statements

Flag of Great Britain
Fidelity China Spec. Situation, KCom Group, Low & Bonar, Rockhopper Exploration, Scottish INV TST

MARKET ANALYSIS

RECENT POSTS

DISCLAIMER


Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit.

Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.

The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to www.spreadex.com.