Market Analysis

Economic Diary:
Week Commencing 14/12/20


Monday 14 December

Indicator Previous Expected Actual
Industrial Production Revised Industrial Production Revised Chart 3.8% 4.0%
Industrial Production Year on Year Industrial Production Year on Year Chart -6.8% -4.4% -3.8%
Industrial Production Month on Month   -0.4% 2.0% +2.1%

Tuesday 15 December

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 4.3% 5.2% +5.0%
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart -29.8k
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 4.8% 5.1%
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 4.8% 5.1% 4.9%
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart -29.8k +64.3k
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 1.3% 2.2% +2.7%
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 1.3%
CPI Final Year on Year CPI Final Year on Year Chart 0.2%
CPI Final Year on Year CPI Final Year on Year Chart 0.2% 0.2% 0.2%
CPI Final Month on Month CPI Final Month on Month Chart 0.2% 0.2% 0.2%
CPI Final Month on Month CPI Final Month on Month Chart 0.2%
CPI Final Year on Year   -0.3%
CPI Final Month on Month   0.0% 0.0% 0.0%
CPI Final Month on Month   0.0%
CPI Final Year on Year   -0.3% -0.3% -0.3%
Trade Balance Trade Balance Chart 0.576Bln EU
Trade Balance Trade Balance Chart 0.576Bln EU +0.402Bln EU
House Starts Annualized House Starts Annualized Chart 214.9k 215.0k 246.0k
House Starts Annualized House Starts Annualized Chart 214.9k
Industrial Production Month on Month Industrial Production Month on Month Chart 1.1% 0.3% 0.4%
Industrial Production Month on Month Industrial Production Month on Month Chart 1.1% 0.5%
Exports Year on Year Exports Year on Year Chart -0.2% 0.5% -4.2%
Trade Balance Trade Balance Chart 872.9Bln JP 529.8Bln JP
Imports Year on Year Imports Year on Year Chart -13.3% -10.5% -11.1%
Exports Year on Year Exports Year on Year Chart -0.2% 0.5%
Imports Year on Year Imports Year on Year Chart -13.3% -10.5%
Trade Balance Trade Balance Chart 872.9Bln JP 529.8Bln JP 366.8Bln JP

Wednesday 16 December

Indicator Previous Expected Actual
RPI Year on Year RPI Year on Year Chart 1.3% 1.2%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 0.5%
RPI Year on Year RPI Year on Year Chart 1.3% 1.3% 0.9%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 0.5% +0.9%
RPI Month on Month RPI Month on Month Chart 0.0% 0.1%
CPI Month on Month CPI Month on Month Chart 0.0% 0.1% -0.1%
RPI Month on Month RPI Month on Month Chart 0.0% 0.2% -0.3%
CPI Month on Month CPI Month on Month Chart 0.0% 0.1%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 0.1%
CPI Year on Year CPI Year on Year Chart 0.7% 0.6% 0.3%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 0.1% 0.0%
CPI Year on Year CPI Year on Year Chart 0.7% 0.7%
Trade Balance Trade Balance Chart 24.8Bln EU
Trade Balance Trade Balance Chart 24.8Bln EU 30Bln EU
CPI Year on Year CPI Year on Year Chart 0.7% 0.8% 1.0%
CPI Boc Core Month on Month CPI Boc Core Month on Month Chart 0.4% +0.2%
Retail Sales Month on Month   0.3% -0.1%
CPI BoC Core Year on Year CPI BoC Core Year on Year Chart 1.0%
Retail Sales Ex-Auto Month on Month   0.2% 0.2%
Retail Sales Month on Month   0.3% -0.3% -1.1%
CPI BoC Core Year on Year CPI BoC Core Year on Year Chart 1.0% +1.5%
CPI Month on Month CPI Month on Month Chart 0.4% 0.0% 0.1%
CPI Month on Month CPI Month on Month Chart 0.4%
Retail Sales Ex-Auto Month on Month   0.2% 0.1% -0.9%
CPI Year on Year CPI Year on Year Chart 0.7%
CPI Boc Core Month on Month CPI Boc Core Month on Month Chart 0.4%
Business Inventories Month on Month Business Inventories Month on Month Chart 0.7% 0.4%
Business Inventories Month on Month Business Inventories Month on Month Chart 0.7% 0.7% +0.7%
EIA Weekly Crude Oil Stocks   15.189Mln -1.937Mln -3.135Mln
FOMC Rate Decision   0.125% 0.125% 0 - 0.25%
FOMC Rate Decision   0.125% 0.125%

Thursday 17 December

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 7.0% 7.0% +6.8%
Unemployment Rate Unemployment Rate Chart 7.0% 7.0%
CPI Final Month on Month CPI Final Month on Month Chart 0.2% -0.3%
CPI Final Year on Year CPI Final Year on Year Chart -0.3% -0.3% -0.3%
CPI Final Year on Year CPI Final Year on Year Chart -0.3% -0.3%
CPI Final Month on Month CPI Final Month on Month Chart 0.2% -0.3% -0.3%
MPC Vote For Rate Hike   0 0
MPC Vote For Rate Cut   0 0 0
BoE Rate Decision BoE Rate Decision Chart 0.10% 0.10% 0.1%
MPC Vote For Rate Hike   0 0 0
BoE QE Total   875Bln GB 875Bln GB 875Bln GB
MPC Vote For Rate Unchanged   9 9
MPC Vote For Rate Unchanged   9 9 9
MPC Vote For Rate Cut   0 0
BoE QE Total   875Bln GB
BoE Rate Decision BoE Rate Decision Chart 0.10%
Housing Starts Housing Starts Chart 1.530Mln 1.530Mln 1.547Mln
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart 26.3 20.0 11.1
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart 26.3 21.7
Housing Starts Housing Starts Chart 1.530Mln 1.528Mln
Weekly Jobless Claims Weekly Jobless Claims Chart 853k 900k 885k
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart -0.7% -0.9%
CPI Overall Nationwide CPI Overall Nationwide Chart -0.4%
CPI Overall Nationwide CPI Overall Nationwide Chart -0.4% -0.9%
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart -0.7% -0.9% -0.9%

Friday 18 December

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -33 -31 -26
Retail Sales Year on Year Retail Sales Year on Year Chart 5.8% 2.8% +2.4%
PPI Month on Month PPI Month on Month Chart 0.1% 0.1% +0.2%
Retail Sales Month on Month Retail Sales Month on Month Chart 1.2% -4.2% -3.8%
PPI Year on Year PPI Year on Year Chart -0.7% -0.6% -0.5%
PPI Month on Month PPI Month on Month Chart 0.6% -0.2%
PPI Year on Year PPI Year on Year Chart -2.5% -2.3%
Retail Sales Month on Month Retail Sales Month on Month Chart 1.1% 0.2% 0.4%
Current Account Balance Current Account Balance Chart -170.5Bln US -189.0Bln US -178.5Bln US

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