Market Analysis

Economic Diary:
Week Commencing 03/04/23


Monday 03 April

Indicator Previous Expected Actual
Tankan Big Non-Manufacturers Index Tankan Big Non-Manufacturers Index Chart 19 20 20
Tankan Big Manufacturers Index Tankan Big Manufacturers Index Chart 7 3 1
PMI Manufacturing   48.6 49.2
PMI Manufacturing   52.0 51.0 51.1
PMI Manufacturing   47.7 47.7 47.3
PMI Manufacturing   44.4 44.4 44.7
PMI Manufacturing   47.1 47.1 47.3
PMI Manufacturing   48.0 48.0 47.9
PMI Manufacturing   52.4 48.6
ISM Manufacturing PMI ISM Manufacturing PMI Chart 47.7 47.5 46.3

Tuesday 04 April

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 3.60% 3.60% 3.6%
Trade Balance Trade Balance Chart 16.7Bln EU 17.0Bln EU +16.0Bln EU
PPI Year on Year PPI Year on Year Chart 15.0% 13.3% +13.2%
PPI Month on Month PPI Month on Month Chart -2.8% -0.3% -0.5%
Trade Balance Trade Balance Chart 1.92Bln CA 1.80Bln CA
Factory Orders Factory Orders Chart -1.6% -0.5% -0.7%

Wednesday 05 April

Indicator Previous Expected Actual
RBNZ Rate Decision RBNZ Rate Decision Chart 4.75% 5.00% 5.25%
Industrial Production Month on Month   -1.9% 0.5% +1.2%
PMI Services   51.6 53.2 55.7
PMI Services   55.5 55.5 53.9
PMI Services   53.9 53.9 53.7
PMI Composite   54.1 54.1 53.7
PMI Services   55.6 55.6 55.0
PMI Services   52.8 52.8 52.9
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 6.20% +5.8%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 1.70% -0.1%
ADP employment report ADP employment report Chart 242k 200k 145k
Trade Balance Trade Balance Chart -68.3Bln US -69.0Bln US -70.5Bln US
Trade Balance Trade Balance Chart 1.92Bln CA 1.80Bln CA +0.42Bln CA
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 54.0 51.3
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 55.1 54.5 51.2
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 56.3 55.4
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 65.6 59.5
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 62.6 52.2
EIA Weekly Crude Oil Stocks   -7.489Mln -2.329Mln -3.739Mln

Thursday 06 April

Indicator Previous Expected Actual
Trade Balance Goods & Services Trade Balance Goods & Services Chart 11688Mln AU 11100Mln AU 13870Mln AU
Exports Exports Chart 1% -3%
Imports Imports Chart 5% -9%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 1.1% -0.3% 0.8%
Industrial Production Month on Month Industrial Production Month on Month Chart 3.5% 0.1% +2.0%
Unemployment Rate Unemployment Rate Chart 5.0% 5.1% 5.0%
Weekly Jobless Claims Weekly Jobless Claims Chart 198k 200k 228k

Friday 07 April

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart -12.94Bln EU -9.904Bln EU
Unemployment Rate Unemployment Rate Chart 3.6% 3.6% 3.5%
Non-Farm Payrolls Non-Farm Payrolls Chart 311k 239k 236k
Average Earnings Average Earnings Chart 0.2% 0.3% 0.3%

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