Market Analysis

Economic Diary:
Week Commencing 05/06/23

Monday 05 June

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart 16.7Bln EU 16.0Bln EU +18.4Bln EU
Trade Balance Trade Balance Chart 16.7Bln EU 16.0Bln EU +18.4Bln EU
PMI Services   57.6 57.0 54.0
PMI Services   57.6 57.0 54.0
PMI Services   52.8 52.8 52.5
PMI Services   52.8 52.8 52.5
PMI Services   57.8 57.8 57.2
PMI Services   57.8 57.8 57.2
PMI Composite   53.3 53.3 52.8
PMI Services   55.9 55.9 55.1
PMI Composite   53.3 53.3 52.8
PMI Services   55.9 55.9 55.1
PMI Services   55.1 55.1 55.2
PMI Services   55.1 55.1 55.2
PPI Month on Month PPI Month on Month Chart -1.6% -3.1% -3.2%
PPI Month on Month PPI Month on Month Chart -1.6% -3.1% -3.2%
PPI Year on Year PPI Year on Year Chart 5.9% 1.4% +1.0%
PPI Year on Year PPI Year on Year Chart 5.9% 1.4% +1.0%
Factory Orders Factory Orders Chart 0.9% 0.8% 0.4%
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 56.1 52.9
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 50.8 49.2
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 51.9 52.2 50.3
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 52.0 52.5 51.5
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 59.6 56.2
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 50.8 49.2
Factory Orders Factory Orders Chart 0.9% 0.8% 0.4%
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 52.0 52.5 51.5
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 56.1 52.9
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 59.6 56.2
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 51.9 52.2 50.3

Tuesday 06 June

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 5.2% +3.7%
RBA Cash Rate RBA Cash Rate Chart 3.85% 3.85% 4.1%
Retail Sales Year on Year Retail Sales Year on Year Chart -3.8% -3.0% -2.6%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.2% 0.0%

Wednesday 07 June

Indicator Previous Expected Actual
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.5% 0.3% +0.2%
GDP Final Year on Year GDP Final Year on Year Chart 2.7% 2.4% +2.3%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.3% 0.0% 0.0%
Industrial Production Month on Month Industrial Production Month on Month Chart -3.4% 0.6% +0.3%
Trade Balance Trade Balance Chart -8.023Bln EU -9.710Bln EU
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 5.80% +3.2%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 0.00% +0.2%
Trade Balance Trade Balance Chart 0.97Bln CA 0.90Bln CA +1.94Bln CA
Trade Balance Trade Balance Chart -64.2Bln US -75.2Bln US -74.6Bln US
BoC Rate Decision   4.50% 4.50% 4.75%
EIA Weekly Crude Oil Stocks   4.488Mln 1.022Mln -0.451Mln

Thursday 08 June

Indicator Previous Expected Actual
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.4% 0.5% 0.7%
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.4% 0.5% 0.7%
Trade Balance Goods & Services Trade Balance Goods & Services Chart 15269Mln AU 14000Mln AU 11158Mln AU
Imports Imports Chart 2% +2%
Exports Exports Chart 4% -5%
Unemployment Year on Year Unemployment Year on Year Chart 1.7% 1.7% 1.6%
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.1% 0.0% -0.1%
GDP Revised Year on Year GDP Revised Year on Year Chart 1.3% 1.2% 1.0%
Unemployment Year on Year Unemployment Year on Year Chart 1.7% 1.7% 1.6%
GDP Revised Year on Year GDP Revised Year on Year Chart 1.3% 1.2% 1.0%
GDP Revised Quarter on Quarter GDP Revised Quarter on Quarter Chart 0.1% 0.0% -0.1%
Weekly Jobless Claims Weekly Jobless Claims Chart 232k 235k 261k

Friday 09 June

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart -3.6% -4.3% -4.6%
CPI Month on Month (China) CPI Month on Month (China) Chart -0.1% -0.1% -0.2%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -3.2% -4.1% -7.2%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -0.6% 0.1% -1.9%
Unemployment Rate Unemployment Rate Chart 5.0% 5.1% 5.2%

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