Market Analysis

Economic Diary:
Week Commencing 06/11/23


Monday 06 November

Indicator Previous Expected Actual
PMI Services   49.9 48.5 47.7
PMI Services   46.1 46.1 45.2
PMI Services   48.0 48.0 48.2
PMI Composite   46.5 46.5 46.5
PMI Services   47.8 47.8 47.8

Tuesday 07 November

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 2.8% +2.6%
RBA Cash Rate RBA Cash Rate Chart 4.10% 4.35% 4.35%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.2% -0.1% -1.4%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart -0.4% 1.1%
PPI Month on Month PPI Month on Month Chart 0.6% 0.5% +0.5%
PPI Year on Year PPI Year on Year Chart -11.5% -12.5% -12.4%
Trade Balance Trade Balance Chart -58.3Bln US -59.9Bln US -61.5Bln US
Trade Balance Trade Balance Chart 0.72Bln CA 1.00Bln CA 2.04Bln CA

Wednesday 08 November

Indicator Previous Expected Actual
CPI Final Year on Year CPI Final Year on Year Chart 3.8% 3.8% 3.8%
Trade Balance Trade Balance Chart -8.202Bln EU -8.917Bln EU
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart -0.40% -0.3%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 2.40% +1.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% -0.2% -0.3%
Retail Sales Year on Year Retail Sales Year on Year Chart -2.1% -3.1% -2.9%
EIA Weekly Crude Oil Stocks   0.774Mln -0.300Mln

Thursday 09 November

Indicator Previous Expected Actual
CPI Month on Month (China) CPI Month on Month (China) Chart 0.2% 0.0% -0.1%
PPI Year on Year PPI Year on Year Chart -2.5% -2.7% -2.6%
Weekly Jobless Claims Weekly Jobless Claims Chart 217k 218k 217k

Friday 10 November

Indicator Previous Expected Actual
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 2.8% 3.1% 3.0%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.7% 0.1% 0.0%
Trade Balance Trade Balance Chart -15.950Bln GB -15.300Bln GB -14.288Bln GB
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.2% -0.1% 0.0%
Trade Balance Non-EU Trade Balance Non-EU Chart -4.902Bln GB -4.45Bln GB
Industrial Production Year on Year Industrial Production Year on Year Chart 1.3% 1.1% +1.5%
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart -0.8% 0.3% 0.1%
GDP Prelim Year on Year   0.6% 0.5% 0.6%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -4.2% -2.0%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart 0.2% -0.2% 0.0%

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.