Market Analysis

Economic Diary:
Week Commencing 04/07/22


Monday 04 July

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart 3.5Bln EU 2.7Bln EU -1.0Bln EU
Trade Balance Trade Balance Chart 3.5Bln EU 2.7Bln EU -1.0Bln EU
PPI Month on Month PPI Month on Month Chart 1.2% 1.0% +0.7%
PPI Month on Month PPI Month on Month Chart 1.2% 1.0% +0.7%
PPI Year on Year PPI Year on Year Chart 37.2% 36.7% +36.3%
PPI Year on Year PPI Year on Year Chart 37.2% 36.7% +36.3%
PMI Manufacturing   56.8 54.6
PMI Manufacturing   56.8 54.6

Tuesday 05 July

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 0.85% 1.35% 1.35%
Industrial Production Month on Month   -0.1% 0.2% 0.0%
PMI Services   53.7 51.5 51.6
PMI Services   54.4 54.4 53.9
PMI Services   52.4 52.4 52.4
PMI Composite   51.9 51.9 52.0
PMI Services   52.8 52.8 53.0
PMI Services   53.4 53.4 54.3
Factory Orders Factory Orders Chart 0.3% 0.5% 1.6%

Wednesday 06 July

Indicator Previous Expected Actual
Retail Sales Year on Year Retail Sales Year on Year Chart 3.9% -0.4% +0.2%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.3% 0.4% +0.2%
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 57.6 55.6
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 55.9 54.3 55.3
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 82.1 80.1
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 54.5 54.0 56.1
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 50.2 47.4

Thursday 07 July

Indicator Previous Expected Actual
Exports Exports Chart 1% +9%
Imports Imports Chart -1% +6%
Trade Balance Goods & Services Trade Balance Goods & Services Chart 10495Mln AU 10725Mln AU 15965Mln AU
Industrial Production Month on Month Industrial Production Month on Month Chart 0.7% 0.4% +0.2%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 1.0% 1.8%
Trade Balance Trade Balance Chart 1.50Bln CA 2.40Bln CA 5.32Bln CA
Trade Balance Trade Balance Chart -87.1Bln US -84.9Bln US -85.6Bln US
Weekly Jobless Claims Weekly Jobless Claims Chart 231k 230k 235k
EIA Weekly Crude Oil Stocks   -2.762Mln -1.043Mln

Friday 08 July

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart -12.16Bln EU -12.80Bln EU -12.994Bln EU
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart 1.6% -1.1% -1.1%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart 4.2% 4.0% 3.4%
Unemployment Rate Unemployment Rate Chart 5.1% 5.1% 4.9%
Average Earnings Average Earnings Chart 0.3% 0.3% 0.3%
Non-Farm Payrolls Non-Farm Payrolls Chart 390k 268k 372k
Unemployment Rate Unemployment Rate Chart 3.6% 3.6% 3.6%

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