Market Analysis

Economic Diary:
Week Commencing 22/02/21


Tuesday 23 February

Indicator Previous Expected Actual
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart 7.0k -20k
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 3.6% 4.1% 4.7%
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 5.0% 5.1% 5.1%
CPI Final Month on Month CPI Final Month on Month Chart 0.3% 0.2% +0.2%
CPI Final Year on Year CPI Final Year on Year Chart 0.9% 0.9% 0.9%
Consumer Confidence Consumer Confidence Chart 89.3 90.0 91.3

Wednesday 24 February

Indicator Previous Expected Actual
RBNZ Rate Decision RBNZ Rate Decision Chart 0.25% 0.25% 0.25%
GDP Year on Year GDP Year on Year Chart -2.9% -2.9% -2.7%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.1% 0.1% 0.3%
ZEW Investor Sentiment   43.2 55.5
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.842Mln 0.855Mln 0.923Mln
EIA Weekly Crude Oil Stocks   -7.258Mln -5.190Mln 1.285Mln

Thursday 25 February

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -15.6 -14.3 -12.9
Consumer Confidence Consumer Confidence Chart 92 92 91
Consumer Confidence   100.7 101.0 101.4
Consumer Confidence Consumer Confidence Chart -14.8 -14.8 -14.8
Services Sentiment Services Sentiment Chart -17.8 -18.1 -17.1
Industrial Sentiment Industrial Sentiment Chart -5.9 -5.0 -3.3
Economic Sentiment Economic Sentiment Chart 91.5 92.0 93.4
Durable Goods   0.5% 1.1% 3.4%
Weekly Jobless Claims Weekly Jobless Claims Chart 861k 775k 730k
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart -0.3% 0.0% -2.8%
Industrial Production Prelim   -1.0% 4.0% 4.2%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.3% -2.6% -2.4%

Friday 26 February

Indicator Previous Expected Actual
PPI Month on Month PPI Month on Month Chart 0.8% +1.2%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 1.3% 1.5%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.4% 0.3%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.2% 0.3%
Industrial PPI Year on Year Industrial PPI Year on Year Chart 1.8% 4.0%
Industrial PPI Month on Month Industrial PPI Month on Month Chart 1.5% 2.0%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 1.5% 1.4% 1.5%
Personal Income Month on Month Personal Income Month on Month Chart 0.6% 9.5% 10.0%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart -0.6% 2.0%
Dallas Fed PCE Dallas Fed PCE Chart 1.9% 1.9%

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