Market Analysis
Economic Diary:
Week Commencing 03/05/21
Monday 03 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 | 
|
Retail Sales Year on Year |
|
-9.0% | -0.3% | +11.0% |
| 07:00 |
|
Retail Sales Month on Month |
|
1.2% | 3.0% | +7.7% |
| 08:45 | 
|
PMI Manufacturing | 59.8 | 61.0 | 60.7 | |
| 08:50 | 
|
PMI Manufacturing | 59.2 | 59.2 | 58.9 | |
| 08:55 |
|
PMI Manufacturing | 66.4 | 66.4 | 66.2 | |
| 09:00 | 
|
PMI Manufacturing | 63.3 | 63.3 | 62.9 | |
| 14:30 | 
|
PMI Manufacturing | 58.5 | 57.2 | ||
| 15:00 | 
|
ISM Manufacturing PMI |
|
64.7 | 65.0 | 60.7 |
Tuesday 04 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 02:30 | 
|
Trade Balance Goods & Services |
|
7529Mln AU | 8000Mln AU | 5574Mln AU |
| 02:30 |
|
Exports |
|
-1% | -2% | |
| 02:30 |
|
Imports |
|
5% | +4% | |
| 05:30 |
|
RBA Cash Rate |
|
0.10% | 0.10% | 0.1% |
| 09:30 | 
|
PMI Manufacturing | 60.7 | 60.7 | 60.9 | |
| 13:30 |
|
Trade Balance |
|
-71.1Bln US | -74.5Bln US | -74.4Bln US |
| 13:30 |
|
Trade Balance |
|
1.04Bln CA | 0.70Bln CA | -1.14Bln CA |
| 15:00 |
|
Factory Orders |
|
-0.8% | 1.3% | 1.1% |
Wednesday 05 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 08:45 |
|
PMI Services | 48.6 | 49.8 | 47.3 | |
| 08:50 |
|
PMI Services | 50.4 | 50.4 | 50.3 | |
| 08:55 |
|
PMI Services | 50.1 | 50.1 | 49.9 | |
| 09:00 |
|
PMI Composite | 53.7 | 53.7 | 53.8 | |
| 09:00 |
|
PMI Services | 50.3 | 50.3 | 50.5 | |
| 10:00 |
|
PPI Year on Year |
|
1.5% | 4.2% | +4.3% |
| 10:00 |
|
PPI Month on Month |
|
0.5% | 1.1% | +1.1% |
| 13:15 |
|
ADP employment report |
|
517k | 800k | 742k |
| 15:00 |
|
ISM Non-Manufacturing PMI |
|
63.7 | 64.3 | 62.7 |
| 15:00 |
|
ISM Non Manufacturing Business Activity |
|
69.4 | 69.5 | 62.7 |
| 15:00 |
|
ISM Non Manufacturing Prices Paid |
|
74.0 | 76.8 | |
| 15:00 |
|
ISM Non Manufacturing Employment |
|
57.2 | 58.8 | |
| 15:00 |
|
ISM Non Manufacturing New Orders |
|
67.2 | 63.2 | |
| 15:30 |
|
EIA Weekly Crude Oil Stocks | 0.090Mln | -2.346Mln | -7.990Mln |
Thursday 06 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 09:30 |
|
PMI Services | 60.1 | 60.1 | 61.0 | |
| 10:00 |
|
Retail Sales Month on Month |
|
3.0% | 1.5% | +2.7% |
| 10:00 |
|
Retail Sales Year on Year |
|
-2.9% | 9.6% | +12.0% |
| 12:00 |
|
MPC Vote For Rate Hike | 0 | 0 | 0 | |
| 12:00 |
|
MPC Vote For Rate Cut | 0 | 0 | 0 | |
| 12:00 |
|
BoE Rate Decision |
|
0.10% | 0.10% | 0.1% |
| 12:00 |
|
BoE QE Total | 875Bln GB | 875Bln GB | 875Bln GB | |
| 12:00 |
|
MPC Vote For Rate Unchanged | 9 | 9 | 9 | |
| 13:30 |
|
Weekly Jobless Claims |
|
553k | 500k | 498k |
Friday 07 May
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 |
|
Trade Balance |
|
19.1Bln EU | 19.5Bln EU | 14.3Bln EU |
| 07:00 |
|
Industrial Production Month on Month |
|
-1.6% | 2.3% | +2.5% |
| 07:45 |
|
Trade Balance |
|
-5.25Bln EU | -6.067Bln EU | |
| 07:45 |
|
Industrial Production Month on Month | -4.7% | 2.0% | +0.8% | |
| 09:00 |
|
Retail Sales Year on Year (nsa) |
|
-5.70% | +22.9% | |
| 09:00 |
|
Retail Sales Month on Month (sa) |
|
6.60% | -0.1% | |
| 13:30 |
|
Unemployment Rate |
|
6.0% | 5.8% | 6.1% |
| 13:30 |
|
Average Earnings |
|
-0.1% | 0.0% | 0.7% |
| 13:30 |
|
Unemployment Rate |
|
7.5% | 7.8% | 8.1% |
| 13:30 |
|
Non-Farm Payrolls |
|
916k | 978k | 266k |
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