Market Analysis
Economic Diary:
Week Commencing 18/03/24
Monday 18 March
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 02:00 | 
|
Retail Sales |
|
7.4% | 5.2% | 5.5% |
| 10:00 | 
|
CPI Final Month on Month |
|
-0.4% | 0.6% | +0.6% |
| 10:00 |
|
Trade Balance |
|
16.8Bln EU | +11.4Bln EU | |
| 10:00 |
|
CPI Final Year on Year |
|
2.6% | 2.6% | 2.6% |
| 12:30 | 
|
Industrial PPI Year on Year |
|
-2.9% | -1.7% | |
| 12:30 |
|
Industrial PPI Month on Month |
|
-0.1% | 0.1% | +0.7% |
Tuesday 19 March
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 03:30 | 
|
RBA Cash Rate |
|
4.35% | 4.35% | 4.35% |
| 04:30 | 
|
Industrial Production Revised |
|
-7.5% | -6.7% | |
| 10:00 | 
|
ZEW Economic sentiment |
|
19.9 | 20.5 | 31.7 |
| 10:00 |
|
ZEW Current Conditions |
|
-81.7 | -82.0 | -80.5 |
| 12:30 |
|
CPI Year on Year |
|
2.9% | 3.1% | 2.8% |
| 12:30 | 
|
Housing Starts |
|
1.331Mln | 1.425Mln | 1.521Mln |
| 12:30 |
|
CPI Boc Core Month on Month |
|
0.1% | +0.1% | |
| 12:30 |
|
CPI BoC Core Year on Year |
|
2.4% | +2.1% | |
| 12:30 |
|
CPI Month on Month |
|
0.0% | 0.6% | 0.3% |
Wednesday 20 March
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 07:00 | 
|
PPI Core Month on Month (nsa) |
|
0.2% | 0.2% | |
| 07:00 |
|
PPI Month on Month |
|
0.2% | -0.1% | -0.4% |
| 07:00 |
|
PPI Core Year on Year (nsa) |
|
-0.4% | 0.3% | |
| 07:00 |
|
RPI Year on Year |
|
4.9% | 4.5% | 4.5% |
| 07:00 |
|
RPI Month on Month |
|
-0.3% | 0.7% | 0.8% |
| 07:00 |
|
CPI Month on Month |
|
-0.6% | 0.7% | +0.6% |
| 07:00 |
|
CPI Year on Year |
|
4.0% | 3.5% | +3.4% |
| 07:00 |
|
PPI Year on Year |
|
-4.4% | -3.8% | -4.1% |
| 09:00 | 
|
Industrial Production Year on Year (wda) |
|
-2.1% | -3.4% | |
| 09:00 |
|
Industrial Production Month on Month (sa) |
|
1.1% | -0.5% | -1.2% |
| 14:30 |
|
EIA Weekly Crude Oil Stocks | -1.536Mln | 0.013Mln | -1.952Mln | |
| 18:00 |
|
FOMC Rate Decision | 5.375% | 5.375% | 5.25 - 5.50% | |
| 23:50 |
|
Trade Balance |
|
-1760.3Bln JP | -810.2Bln JP | -379.4Bln JP |
| 23:50 |
|
Exports Year on Year |
|
11.9% | 5.3% | 7.8% |
| 23:50 |
|
Imports Year on Year |
|
-9.6% | 2.2% | 0.5% |
Thursday 21 March
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 00:30 |
|
Unemployment Rate |
|
4.1% | 4.0% | +3.7% |
| 07:00 |
|
Public Sector Net Borrowing | -17.615Bln GB | 7.477Bln GB | ||
| 12:00 |
|
MPC Vote For Rate Hike | 2 | 1 | 0 | |
| 12:00 |
|
BoE Rate Decision |
|
5.25% | 5.25% | 5.25% |
| 12:00 |
|
MPC Vote For Rate Unchanged | 6 | 7 | 8 | |
| 12:00 |
|
MPC Vote For Rate Cut | 1 | 1 | 1 | |
| 12:30 |
|
Philadelphia Fed Business Index |
|
5.2 | -2.3 | 3.2 |
| 12:30 |
|
Weekly Jobless Claims |
|
209k | 215k | 210k |
| 12:30 |
|
Current Account Balance |
|
-200.3Bln US | -209.0Bln US | -194.8Bln US |
| 14:00 |
|
Existing Home Sales |
|
4.00Mln | 3.94Mln | 4.38Mln |
| 23:30 |
|
CPI Core Nationwide Year on Year |
|
2.0% | 2.8% | 2.8% |
| 23:30 |
|
CPI Overall Nationwide |
|
2.2% | 2.8% |
Friday 22 March
| Time | Region | Indicator | Previous | Expected | Actual | |
|---|---|---|---|---|---|---|
| 00:01 |
|
GFK Consumer Confidence |
|
-21 | -19 | -21 |
| 07:00 |
|
Retail Sales Month on Month |
|
3.4% | -0.3% | 0.0% |
| 07:00 |
|
Retail Sales Year on Year |
|
0.7% | -0.7% | -0.4% |
| 09:00 |
|
IFO Business Climate Expectations |
|
84.1 | 84.7 | 87.5 |
| 12:30 |
|
Retail Sales Month on Month |
|
0.9% | -0.4% | -0.3% |
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