Market Analysis
Economic Diary:
Week Commencing 11/12/23
Monday 11 December
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 23:30 | 
|
Consumer Sentiment |
|
-2.6% | +2.7% |
Tuesday 12 December
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 | 
|
Unemployment Rate (ILO) |
|
4.2% | 4.2% | 4.2% |
| 07:00 |
|
Average Weekly Earnings 3 Month Year on Year |
|
7.9% | 7.7% | 7.2% |
| 07:00 |
|
Claimant Count Unemployment Change |
|
17.8k | 15.0k | +16.0k |
| 10:00 | 
|
ZEW Current Conditions |
|
-79.8 | -76.0 | -77.1 |
| 10:00 |
|
ZEW Economic sentiment |
|
9.8 | 8.8 | 12.8 |
| 13:30 | 
|
CPI Month on Month (sa) |
|
0.0% | 0.0% | 0.1% |
| 13:30 |
|
CPI Year on Year (nsa) |
|
3.2% | 3.1% | 3.1% |
| 23:50 | 
|
Tankan Big Manufacturers Index |
|
9 | 10 | 12 |
| 23:50 |
|
Tankan Big Non-Manufacturers Index |
|
27 | 27 | 30 |
Wednesday 13 December
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 |
|
Trade Balance |
|
-14.288Bln GB | -14.300Bln GB | -17.032Bln GB |
| 07:00 |
|
Manufacturing Output Month on Month |
|
0.1% | 0.0% | -1.1% |
| 07:00 |
|
Industrial Production Month on Month |
|
0.0% | -0.1% | -0.8% |
| 07:00 |
|
Manufacturing Output Year on Year |
|
3.0% | 1.9% | 0.8% |
| 07:00 |
|
Trade Balance Non-EU |
|
-4.450Bln GB | -4.828Bln GB | |
| 07:00 |
|
Industrial Production Year on Year |
|
1.5% | 1.1% | 0.4% |
| 10:00 | 
|
Industrial Production Year on Year |
|
-6.9% | -4.6% | -6.6% |
| 10:00 |
|
Industrial Production Month on Month | -1.1% | -0.3% | -0.7% | |
| 13:30 |
|
PPI Final Demand Month on Month |
|
-0.5% | 0.1% | 0.0% |
| 13:30 |
|
PPI Core Year on Year |
|
1.3% | 1.0% | 0.9% |
| 13:30 |
|
PPI excl Food and Energy MM |
|
0.0% | 0.2% | 0.0% |
| 15:30 |
|
EIA Weekly Crude Oil Stocks | -4.632Mln | -0.650Mln | -4.259Mln | |
| 19:00 |
|
FOMC Rate Decision | 5.375% | 5.375% | 5.25 - 5.50% |
Thursday 14 December
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 00:30 |
|
Unemployment Rate |
|
3.7% | 3.8% | +3.9% |
| 04:30 |
|
Industrial Production Revised |
|
1.0% | 1.3% | |
| 12:00 |
|
MPC Vote For Rate Cut | 0 | 0 | 0 | |
| 12:00 |
|
MPC Vote For Rate Unchanged | 6 | 6 | 6 | |
| 12:00 |
|
MPC Vote For Rate Hike | 3 | 3 | 3 | |
| 12:00 |
|
BoE Rate Decision |
|
5.25% | 5.25% | 5.25% |
| 13:15 |
|
ECB Rate Decision |
|
4.50% | 4.50% | 4.50% |
| 13:30 |
|
Retail Sales Ex-Auto Month on Month | 0.1% | -0.1% | 0.2% | |
| 13:30 |
|
Weekly Jobless Claims |
|
220k | 220k | 202k |
| 13:30 |
|
Retail Sales Month on Month | -0.1% | -0.1% | 0.3% | |
| 15:00 |
|
Business Inventories Month on Month |
|
0.4% | 0.0% | -0.1% |
Friday 15 December
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 00:01 |
|
GFK Consumer Confidence |
|
-24 | -22 | -22 |
| 02:00 | 
|
Retail Sales |
|
7.6% | 12.5% | +10.1% |
| 07:45 | 
|
CPI Final Year on Year |
|
3.8% | 3.8% | 3.9% |
| 07:45 |
|
CPI Final Month on Month |
|
-0.3% | -0.3% | -0.2% |
| 09:00 | 
|
CPI Final Year on Year | 0.7% | 0.7% | 0.6% | |
| 09:00 |
|
CPI Final Month on Month | -0.4% | -0.4% | -0.6% | |
| 10:00 |
|
Trade Balance |
|
-0.470Bln EU | -0.684Bln EU | |
| 10:00 |
|
Trade Balance |
|
10.0Bln EU | +11.1Bln EU | |
| 13:15 | 
|
House Starts Annualized |
|
274.7k | 257.1k | 212.6k |
| 14:15 |
|
Industrial Production Month on Month |
|
-0.6% | 0.3% | 0.2% |
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