Market Analysis

Economic Diary:
Week Commencing 03/03/14

Monday 03 March

Indicator Previous Expected Actual
Dallas Fed PCE Dallas Fed PCE Chart 1.1%
PMI Manufacturing   53.1 52.8 52.3
PMI Manufacturing   48.5 48.5 49.7
PMI Manufacturing   54.7 54.7 54.8
PMI Manufacturing   53.0 53.0 53.2
PMI Manufacturing   56.7 56.5 56.9
Industrial PPI Year on Year Industrial PPI Year on Year Chart 1.4% 1.7% +2.3%
Industrial PPI Month on Month Industrial PPI Month on Month Chart 0.7% 0.5% +1.4%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 1.1% 1.2%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.1% 0.1% 0.1%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.2% 0.1%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 1.2% 1.1%
Personal Income Month on Month Personal Income Month on Month Chart 0.0% 0.2% +0.3%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.2% 0.3%
PMI Manufacturing   51.7 52.9
ISM Manufacturing PMI ISM Manufacturing PMI Chart 51.3 52.0 53.2

Corporate Statements

Flag of the USA
Baillie Gifford Japan Trust, MBIA Inc, Molycorp, Nu Skin Enterprises, Stillwater Mining Company
Flag of Great Britain
Amlin, Earthport, Intertek Group, Johnson Service Group, Robert Walters, Smiths News, Thorntons, Tristel, Ultra Electronics Holdings

Tuesday 04 March

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 0.2% -0.1% -0.3%
PPI Year on Year PPI Year on Year Chart -0.8% -1.3% -1.4%

Corporate Statements

Flag of the USA
Autonation Inc, Autozone Inc, EW Scripps, Radioshack, Veeva Systems
Flag of Great Britain
Abcam, Ashtead Group, City of London Investment Group, CLS Holdings, Devro, Fisher(James)& Sons, Hydro Intl, Frontier IP Group, Jardine Lloyd Thompson Group, Meggitt, Menzies(John), Moneysupermarket.com Group, GE Aerospace (All Sessions), Perform Group, Premier Foods, Rotork

Wednesday 05 March

Indicator Previous Expected Actual
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.6% 0.7% +0.8%
GDP Final Year on Year GDP Final Year on Year Chart 2.3% 2.5% +2.8%
PMI Services   49.4 49.8 52.9
PMI Services   46.9 46.9 47.2
PMI Services   55.4 55.4 55.9
PMI Composite   52.7 52.7 53.3
PMI Services   51.7 51.7 52.6
PMI Services   58.3 58.0 58.2
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.3% 0.3% 0.3%
Retail Sales Year on Year Retail Sales Year on Year Chart -1.0% 1.3%
GDP Revised Year on Year GDP Revised Year on Year Chart 0.5% 0.5% 0.5%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.6% 1.6%
ADP employment report ADP employment report Chart 175k 160k 139.0k
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 57.1 53.7
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 50.9 51.3
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 56.4 47.5
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 54.0 53.5 51.6
BoC Rate Decision   1.00% 1.00% 1.0%
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 56.3 55.1 54.6

Corporate Statements

Flag of the USA
Brown Forman B, Endeavour International, Universal American Corp, Walgreen Co
Flag of Great Britain
4imprint Group, Admiral Group, BBA Aviation, Capital & Regional, Dignity, Interquest Group, Lookers, Melrose Industries, Michael Page International, Novae Group, Soco International, Sportech, Standard Chartered

Thursday 06 March

Indicator Previous Expected Actual
Trade Balance Goods & Services Trade Balance Goods & Services Chart 468mln AU 270mln AU +1433mln AU
Retail Sales Retail Sales Chart 0.5% 0.5% +1.2%
Imports Imports Chart 2.0% +1%
Exports Exports Chart 4.0% +4%
ILO Unemployment Rate ILO Unemployment Rate Chart 10.90% 10.2%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 1.1% 0.7% +2.4%
BoE QE Total   375bln GB 375bln GB
BoE Rate Decision BoE Rate Decision Chart 0.50% 0.50% 0.5%
ECB Rate Decision ECB Rate Decision Chart 0.25% 0.25% 0.25%
Weekly Jobless Claims Weekly Jobless Claims Chart 348k 338k 323k
Factory Orders Factory Orders Chart -1.5% -0.4% -0.7%

Corporate Statements

Flag of the USA
Alon USA Energy, Coopers Cos Inc, Gap Inc, H & R Block Inc, Joy Global Inc, Kroger Co, Pinnacle Foods, Quiksilver
Flag of Great Britain
Advanced Medical Solutions Grp, Aggreko, Aviva, Avocet Mining, Balfour Beatty, Betfair Group, Cineworld Group, Cobham, Genel Energy, Imagination Technologies Group, Inmarsat, London Mining, LSL Property Services, Photo-Me International, RIT Capital Partners, Schroders, Smith (DS), Spirax-Sarco Engineering, STV Group, Unite Group

Friday 07 March

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart -5.2bln EU -5.7bln EU
PPI Year on Year PPI Year on Year Chart -1.8% -1.5%
PPI Month on Month PPI Month on Month Chart -0.1% -0.2%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.6% 0.8%
Trade Balance Trade Balance Chart -38.7bln $ -39.0bln $ -39.10bln $
Average Earnings Average Earnings Chart 0.2% 0.2% +0.4%
Unemployment Rate Unemployment Rate Chart 6.6% 6.6% 6.7%
Non-Farm Payrolls Non-Farm Payrolls Chart 113k 149k +175k
Trade Balance Trade Balance Chart -1.66bln C$ -1.20bln C$ -0.18bln C$
Unemployment Rate Unemployment Rate Chart 7.0% 7.0% 7%

Corporate Statements

Flag of the USA
Big Lots Inc
Flag of Great Britain
Aga Rangemaster Group, Headlam Group

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