Market Analysis

Economic Diary:
Week Commencing 03/02/14


Monday 03 February

Indicator Previous Expected Actual
PMI Manufacturing   53.3 53.5 53.1
PMI Manufacturing   48.8 48.8 49.3
PMI Manufacturing   56.3 56.3 56.5
PMI Manufacturing   53.9 53.9 54.0
PMI Manufacturing   57.3 57.0 56.7
Industrial PPI Year on Year Industrial PPI Year on Year Chart 0.3% +1.4%
Industrial PPI Month on Month Industrial PPI Month on Month Chart 0.1% 0.3% +0.7%
PMI Manufacturing   53.5 51.7
ISM Manufacturing PMI ISM Manufacturing PMI Chart 56.5 56.0 51.3

Corporate Statements

Flag of Great Britain
Flybe Group, Artemis UK Future Leaders, RM, Sepura, Shanks Group, SThree

Tuesday 04 February

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 2.50% 2.50% 2.50%
PPI Month on Month PPI Month on Month Chart -0.1% 0.1% 0.2%
PPI Year on Year PPI Year on Year Chart -1.2% -0.9% -0.8%
Factory Orders Factory Orders Chart 1.8% -1.7% -1.5%

Corporate Statements

Flag of the USA
Aflac Inc, Arch Coal, Autonation Inc, Boston Scientific (All Sessions), DeVry Inc., Eaton Vance, HCA Inc, Kofax Limited, Nicor Inc
Flag of Great Britain
BG Group, BP, Gresham Computing, Ocado Group, St.Modwen Properties, TalkTalk Telecom Group, Vatukoula Gold Mines, Victrex, Walker Greenbank

Wednesday 05 February

Indicator Previous Expected Actual
PMI Services   47.9 48.6 49.4
PMI Services   48.6 48.6 48.9
PMI Services   53.6 53.6 53.1
PMI Services   51.9 51.9 51.6
PMI Composite   53.2 53.2 52.9
PMI Services   58.8 59.0 58.3
Retail Sales Month on Month Retail Sales Month on Month Chart 1.4% -0.5% -1.6%
Retail Sales Year on Year Retail Sales Year on Year Chart 1.6% 1.5% -1.0%
ADP employment report ADP employment report Chart 238k 180k 175.0k
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 54.3 55.1 56.3
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 53.0 53.7 54.0
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 50.4 50.9
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 54.7 57.1
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 55.6 56.4

Corporate Statements

Flag of the USA
3D Systems Corp, Beam Inc, Brookdale Senior Living Inc., CB Richard Ellis, Convergys Cp, Digital River1, Pandora Media Inc, Polo Ralph Lauren, Tesoro Corp, Twitter, Two Harbors Inv Corp, Walgreen Co
Flag of Great Britain
Glaxosmithkline ADR, GW Pharmaceuticals, Homeserve

Thursday 06 February

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 0.7% 0.4% +0.5%
Trade Balance Goods & Services Trade Balance Goods & Services Chart -118mln AU -300mln AU +468mln AU
Imports Imports Chart -1.0% +2%
Exports Exports Chart 0.0% +4%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.6% 1.0% +1.1%
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% 0.25% 0.25%
Trade Balance Trade Balance Chart -34.3bln $ -36.0bln $ -38.70bln $
Trade Balance Trade Balance Chart -0.94bln C$ -0.70bln C$ -1.66bln C$
Weekly Jobless Claims Weekly Jobless Claims Chart 348k 335k 331k

Corporate Statements

Flag of the USA
Bally Technologies, Exelon Corp, Linkedin, Monster Worldwide, Northeast Utilities, Philip Morris , PPL Corp, Sally Beauty Holdings, Snap-On Inc, Spirit AeroSystems, Inc, Towers Watson & Co, Vulcan Materials
Flag of Great Britain
Astrazeneca, Avon Rubber, Enterprise Inns, Grainger, Investec, Matchtech, Northbridge Inds, Smith & Nephew, Supergroup, Tui Travel, Vodafone Group, Wincanton

Friday 07 February

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart 17.8bln EU 17.3bln EU 18.5bln EU
Trade Balance Trade Balance Chart -5.7bln EU -5.2bln EU
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart 0.0% 0.6% +0.3%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 2.8% 2.3% +1.5%
Trade Balance Non-EU Trade Balance Non-EU Chart -3.02bln GB -3.10bln GB -2.198bln GB
Industrial Production Year on Year Industrial Production Year on Year Chart 2.5% 2.3% +1.8%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.0% 0.6% +0.4%
Trade Balance Trade Balance Chart -9.44bln GB -9.30bln GB -7.717bln GB
Industrial Production Month on Month Industrial Production Month on Month Chart 1.9% 0.5% -0.6%
Non-Farm Payrolls Non-Farm Payrolls Chart 74k 185k +113k
Unemployment Rate Unemployment Rate Chart 6.7% 6.7% 6.6%
Average Earnings Average Earnings Chart 0.1% 0.2% +0.2%
Unemployment Rate Unemployment Rate Chart 7.2% 7.1% 7%

Corporate Statements

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.