Market Analysis

Economic Diary:
Week Commencing 05/08/24


Monday 05 August

Indicator Previous Expected Actual
Retail Sales Year on Year Retail Sales Year on Year Chart -0.6%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 0.6%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.2%
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart 0.4%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1%
Industrial Production Year on Year Industrial Production Year on Year Chart 0.4%
PMI Services   53.7 52.9 51.7
PMI Services   50.7 50.7 50.1
PMI Services   52.0 52.0 52.5
PMI Composite   50.1 50.1 50.2
PMI Services   51.9 51.9 51.9
PMI Services   52.4 52.4 52.5
PPI Month on Month PPI Month on Month Chart -0.2% 0.4% +0.5%
PPI Year on Year PPI Year on Year Chart -4.2% -3.3% -3.2%
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 48.8 51.0 51.4
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 49.6 51.5 54.5
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 47.3 52.4
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 46.1 51.1
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 56.3 57.0

Tuesday 06 August

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart -0.5% +0.3%
RBA Cash Rate RBA Cash Rate Chart 4.35% 4.35% 4.35%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.6%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1%
Industrial Production Year on Year Industrial Production Year on Year Chart 0.4%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 0.6%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.2%
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart 0.4%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.1% -0.1% -0.3%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.3% 0.2% -0.3%
Trade Balance Trade Balance Chart -75.1Bln US -72.5Bln US -73.1Bln US
Trade Balance Trade Balance Chart -1.93Bln CA -1.84Bln CA 0.64Bln CA

Wednesday 07 August

Indicator Previous Expected Actual
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.2% 0.3% 0.8%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.3%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.2%
Industrial Production Year on Year Industrial Production Year on Year Chart 0.4%
Trade Balance Trade Balance Chart 24.9Bln EU 23.5Bln EU +20.4Bln EU
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart 0.4%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.1%
Industrial Production Month on Month Industrial Production Month on Month Chart -2.5% 1.0% +1.4%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.6%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 0.6%
Trade Balance Trade Balance Chart -7.987Bln EU -6.088Bln EU
EIA Weekly Crude Oil Stocks   -3.436Mln -0.700Mln -3.728Mln

Thursday 08 August

Indicator Previous Expected Actual
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart 0.4%
Industrial Production Year on Year Industrial Production Year on Year Chart 0.4%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 0.6%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.6%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.1%
Weekly Jobless Claims Weekly Jobless Claims Chart 249k 240k 233k

Friday 09 August

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart -0.8% -0.9% -0.8%
CPI Month on Month (China) CPI Month on Month (China) Chart -0.2% 0.3% 0.5%
ILO Unemployment Rate ILO Unemployment Rate Chart 7.5% 7.5% 7.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.3%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.1%
CPI Final Year on Year CPI Final Year on Year Chart 2.3% 2.3% 2.3%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.6%
CPI Final Year on Year   1.7% 1.7% 1.6%
CPI Final Month on Month   -0.8% -0.8% -0.9%
Trade Balance Trade Balance Chart 0.524Bln EU -1.045Bln EU
Unemployment Rate Unemployment Rate Chart 6.4% 6.5% 6.4%

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.