Market Analysis

Economic Diary:
Week Commencing 07/10/24


Monday 07 October

Indicator Previous Expected Actual
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 0.3% 0.4% 0.3%
Consumer Confidence Consumer Confidence Chart 95
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.2%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.7%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.1% 1.0% 0.8%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.1% 0.2% 0.2%

Tuesday 08 October

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 0.8% 1.7%
Consumer Sentiment Consumer Sentiment Chart -0.5% 6.2%
Industrial Production Month on Month Industrial Production Month on Month Chart -2.4% 0.8% 2.9%
Trade Balance Trade Balance Chart -5.884Bln EU -7.371Bln EU
Consumer Confidence Consumer Confidence Chart 95
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.2%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.7%
Trade Balance Trade Balance Chart -78.8Bln US -70.6Bln US -70.4Bln US
Trade Balance Trade Balance Chart 0.68Bln CA -0.50Bln CA -1.10Bln CA

Wednesday 09 October

Indicator Previous Expected Actual
RBNZ Rate Decision RBNZ Rate Decision Chart 5.25% 4.75% 4.75%
Trade Balance Trade Balance Chart 16.8Bln EU 18.4Bln EU 22.5Bln EU
Consumer Confidence Consumer Confidence Chart 95
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.2%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.7%
EIA Weekly Crude Oil Stocks   3.889Mln 2.048Mln 5.810Mln

Thursday 10 October

Indicator Previous Expected Actual
Retail Sales Month on Month Retail Sales Month on Month Chart 0.4% -1.1%
Consumer Confidence Consumer Confidence Chart 95
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.2%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1% +1.6%
Retail Sales Year on Year Retail Sales Year on Year Chart -4.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.7%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -0.9% 0.2% 0.1%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -3.3% -3.2%
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 2.5% 2.3% 2.4%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.2% 0.1% 0.2%
Weekly Jobless Claims Weekly Jobless Claims Chart 225k 230k 258k

Friday 11 October

Indicator Previous Expected Actual
Industrial Production Month on Month Industrial Production Month on Month Chart -0.8% 0.2% 0.5%
Industrial Production Year on Year Industrial Production Year on Year Chart -1.2% -0.5% -1.6%
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart -1.0% 0.2% 1.1%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart -1.3% -0.4% -0.3%
Trade Balance Non-EU Trade Balance Non-EU Chart -7.500Bln GB -4.947Bln GB
Trade Balance Trade Balance Chart -20.003Bln GB -19.250Bln GB -15.060Bln GB
CPI Final Year on Year CPI Final Year on Year Chart 1.6% 1.6% 1.6%
Consumer Confidence Consumer Confidence Chart 95
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.2%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.7%
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.3% 0.2% 0.2%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart 0.2% 0.1% 0.0%
Unemployment Rate Unemployment Rate Chart 6.6% 6.7% 6.5%
PPI Core Year on Year PPI Core Year on Year Chart 1.7% 1.6% 1.8%

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.