Market Analysis

Economic Diary:
Week Commencing 02/11/20


Monday 02 November

Indicator Previous Expected Actual
PMI Manufacturing   48.0 48.7
PMI Manufacturing   53.2 53.5 53.8
PMI Manufacturing   51.0 51.0 51.3
PMI Manufacturing   58.0 58.0 58.2
PMI Manufacturing   54.4 54.4 54.8
PMI Manufacturing   53.3 53.3 53.7
PMI Manufacturing   56.0 55.5
ISM Manufacturing PMI ISM Manufacturing PMI Chart 55.4 55.8 59.3

Tuesday 03 November

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 0.25% 0.10% 0.1%
Factory Orders Factory Orders Chart 0.7% 1.0% 1.1%

Wednesday 04 November

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart -4.0% -1.5% -1.1%
PMI Services   48.8 47.0 46.7
PMI Services   46.5 46.5 46.5
PMI Services   48.9 48.9 49.5
PMI Composite   49.4 49.4 50.0
PMI Services   46.2 46.2 46.9
PMI Services   52.3 52.3 51.4
PPI Month on Month PPI Month on Month Chart 0.1% 0.3% +0.3%
PPI Year on Year PPI Year on Year Chart -2.5% -2.4% -2.4%
ADP employment report ADP employment report Chart 749k 650k 365k
Trade Balance Trade Balance Chart -2.45Bln CA -2.60Bln CA -3.25Bln CA
Trade Balance Trade Balance Chart -67.1Bln US -63.8Bln US -63.9Bln US
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 57.8 57.5 56.6
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 59.0 63.9
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 61.5 58.8
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 63.0 62.0 61.2
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 51.8 50.1
EIA Weekly Crude Oil Stocks   4.320Mln 0.890Mln -7.998Mln

Thursday 05 November

Indicator Previous Expected Actual
Imports Imports Chart 2% -6%
Exports Exports Chart -4% +4%
Trade Balance Goods & Services Trade Balance Goods & Services Chart 4607Mln AU 4500Mln AU 5630Mln AU
MPC Vote For Rate Unchanged   9 9 9
MPC Vote For Rate Hike   0 0 0
BoE QE Total   725Bln GB 825Bln GB 875Bln GB
BoE Rate Decision BoE Rate Decision Chart 0.10% 0.10% 0.1%
MPC Vote For Rate Cut   0 0 0
Retail Sales Year on Year Retail Sales Year on Year Chart 3.7% 2.8% +2.2%
Retail Sales Month on Month Retail Sales Month on Month Chart 4.4% -1.0% -2.0%
Weekly Jobless Claims Weekly Jobless Claims Chart 751k 738k 751k
FOMC Rate Decision   0.125% 0.125% 0 - 0.25%

Corporate Statements


Friday 06 November

Indicator Previous Expected Actual
Industrial Production Month on Month Industrial Production Month on Month Chart -0.2% 2.7% 1.6%
Trade Balance Trade Balance Chart -7.71Bln EU -6.32Bln EU -5.75Bln EU
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 1.6% 0.5% +0.3%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 8.20% -0.8%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 0.80% +1.3%
Unemployment Rate Unemployment Rate Chart 9.0% 8.8% 8.9%
Average Earnings Average Earnings Chart 0.1% 0.2% 0.1%
Unemployment Rate Unemployment Rate Chart 7.9% 7.7% 6.9%
Non-Farm Payrolls Non-Farm Payrolls Chart 661k 600k 638k

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