Market Analysis

Economic Diary:
Week Commencing 02/06/25


Monday 02 June

Indicator Previous Expected Actual
PMI Manufacturing   49.0 49.4
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.6% 0.1% 0.5%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.4% 2.9% 3.5%
PMI Manufacturing   49.3 49.6 49.2
PMI Manufacturing   49.5 49.5 49.8
PMI Manufacturing   48.8 48.8 48.3
PMI Manufacturing   49.4 49.4 49.4
PMI Manufacturing   45.1 45.1 46.4
Money Supply M4   0.3% 0.0%
PMI Manufacturing   45.3 46.1
ISM Manufacturing PMI ISM Manufacturing PMI Chart 48.7 49.5 48.5

Tuesday 03 June

Indicator Previous Expected Actual
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.5%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.5%
Unemployment Rate   6.0% 6.1% 5.9%
Unemployment Rate Unemployment Rate Chart 6.2% 6.2% 6.2%
Factory Orders Factory Orders Chart 4.3% -3.1% -3.7%

Wednesday 04 June

Indicator Previous Expected Actual
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.6% 0.4% +0.2%
GDP Final Year on Year GDP Final Year on Year Chart 1.3% 1.5% +1.3%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.5%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.5%
PMI Services   52.9 52.0 53.2
PMI Services   47.4 47.4 48.9
PMI Services   47.2 47.2 47.1
PMI Services   48.9 48.9 49.7
PMI Composite   49.5 49.5 50.2
PMI Services   50.2 50.2 50.9
ADP employment report ADP employment report Chart 62k 110k 37k
BoC Rate Decision   2.75% 2.75%
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 65.1 68.7
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 53.7 50.0
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 49.0 50.7
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 51.6 52.0 49.9
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 52.3 46.4
EIA Weekly Crude Oil Stocks   -2.795Mln -1.035Mln -4.304Mln

Thursday 05 June

Indicator Previous Expected Actual
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.5%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.5%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart -0.50% +0.7%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart -2.80% +3.7%
PPI Month on Month PPI Month on Month Chart -1.6% -1.8% -2.2%
PPI Year on Year PPI Year on Year Chart 1.9% 1.2% +0.7%
ECB Rate Decision ECB Rate Decision Chart 2.40% 2.15% 2.15%
Weekly Jobless Claims Weekly Jobless Claims Chart 240k 235k 247k
Trade Balance Trade Balance Chart -140.5Bln US -70.0Bln US -61.6Bln US
Trade Balance Trade Balance Chart -0.51Bln CA -1.50Bln CA -7.14Bln CA

Friday 06 June

Indicator Previous Expected Actual
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.5%
Industrial Production Month on Month Industrial Production Month on Month Chart 3.0% -1.0% -1.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.5%
Trade Balance Trade Balance Chart 21.1Bln EU 20.0Bln EU +14.6Bln EU
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 0.3% -0.1% -0.4%
Industrial Production Month on Month   0.2% 0.2% -1.4%
Trade Balance Trade Balance Chart -6.248Bln EU -7.968Bln EU
Retail Sales Year on Year Retail Sales Year on Year Chart 1.5% 1.3% +2.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -0.1% 0.1% +0.1%
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.3% 0.4% 0.6%
GDP Revised Year on Year GDP Revised Year on Year Chart 1.2% 1.2% 1.5%
Unemployment Year on Year Unemployment Year on Year Chart 0.8% 0.8% 0.7%
Average Earnings Average Earnings Chart 0.2% 0.3% 0.4%
Unemployment Rate Unemployment Rate Chart 4.2% 4.2% 4.2%
Unemployment Rate Unemployment Rate Chart 4.2% 4.2% 4.2%
Non-Farm Payrolls Non-Farm Payrolls Chart 158K 126K 139K
Unemployment Rate Unemployment Rate Chart 6.9% 7.0% 7.0%
Non-Farm Payrolls Non-Farm Payrolls Chart 177k 130k 139k

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