Market Analysis

Economic Diary:
Week Commencing 24/06/13

Monday 24 June

Indicator Previous Expected Actual
IFO Current Conditions IFO Current Conditions Chart 110.0 109.6 109.4
IFO Expectations IFO Expectations Chart 101.6 102.0 102.5
Consumer Confidence   85.9 86.3 95.7
IFO Business Climate IFO Business Climate Chart 105.7 105.9 105.9

Corporate Statements

Flag of Great Britain
Allocate Software, Andor Technology, Devro, Porvair

Tuesday 25 June

Indicator Previous Expected Actual
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart -0.30% -0.1%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart -3.00% -2.9%
Durable Goods   3.5% 3.0% +3.6%
Consumer Confidence Consumer Confidence Chart 76.2 75.4 81.4
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.454mln 0.462mln 0.476mln

Corporate Statements

Flag of the USA
Barnes & Noble Education, Inc, Carnival Corp, Lennar Corp, Walgreen Co
Flag of Great Britain
Accsys Technologies, Advanced Computer Software, Advanced Medical Solutions Grp, Carpetright, Domino Printing Sciences, Northgate, Petrofac

Wednesday 26 June

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart 6.5 6.5 6.8
GDP Detailed Quarter on Quarter   -0.2% -0.2%
GDP Sales GDP Sales Chart 1.8% 1.8% +1.2%
GDP GDP Chart 2.4% 2.4% +1.8%
Corporate Profits Corporate Profits Chart -1.9% -1.7% -1.1%
GDP Consumer Spending GDP Consumer Spending Chart 3.4% +2.6%
PCE Prices PCE Prices Chart 1.0% 1.0% +1.0%
PCE Core Prices PCE Core Prices Chart 1.3% 1.3% +1.3%
GDP Deflator GDP Deflator Chart 1.2% 1.1% +1.3%

Corporate Statements

Flag of Great Britain
Bumi, Bunzl, Carphone Warehouse Group, Craneware, Real Good Food Co, Stagecoach Group, Standard Chartered
Flag of the USA
Akers Bioscience, Lindsay Corporation, Monsanto

Thursday 27 June

Indicator Previous Expected Actual
Dallas Fed PCE Dallas Fed PCE Chart -0.1%
Consumer Confidence Consumer Confidence Chart 79 81 78
Unemployment Change (sa) Unemployment Change (sa) Chart 21k 8k -12k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.9% 6.9% 6.8%
GDP Final Year on Year   0.6% 0.6% +0.3%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.3% 0.3% +0.3%
Current Account Current Account Chart -14.04bln GB -11.80bln GB -14.512bln GB
Consumer Confidence Consumer Confidence Chart -21.9 -18.8 -18.8
Economic Sentiment Economic Sentiment Chart 89.4 90.3 91.3
Business Climate Business Climate Chart -0.76 -0.65 -0.68
Services Sentiment Services Sentiment Chart -9.3 -8.8 -9.5
Industrial Sentiment Industrial Sentiment Chart -13.0 -12.4 -11.2
PCE Price Index Year on Year PCE Price Index Year on Year Chart 0.7% +1.0%
Weekly Jobless Claims Weekly Jobless Claims Chart 354k 345k 346k
PCE Price Index Month on Month PCE Price Index Month on Month Chart -0.3% +0.1%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 1.1% +1.1%
Personal Income Month on Month Personal Income Month on Month Chart 0.0% 0.2% +0.5%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.1% +0.2%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.0% 0.1% +0.1%
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 0.3% 1.0% +6.7%

Corporate Statements

Flag of Great Britain
Betfair Group, Costain Group, Debenhams, Greene King, Mattioli Woods, Perform Group, Photo-Me International, Safestore Holdings, Smith (DS), Wood Group (John)
Flag of the USA
Commercial Metals, Conagra Foods, KB Home, Mccormick & Co, Nike Inc Cl B, Winnebago

Friday 28 June

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -22 -21 -21
PMI Manufacturing   51.5 52.3
Unemployment Rate Unemployment Rate Chart 4.1% 4.0% 4.1%
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart -0.4% 0.0% 0.0%
CPI Overall Nationwide CPI Overall Nationwide Chart -0.7% -0.3%
Industrial Production Prelim   0.9% 0.2% +2.0%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.1% 0.0% +0.8%
Retail Sales Month on Month Retail Sales Month on Month Chart -0.4% 0.2% 0.8%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 1.1% 2.0% 1.9%
Retail Sales Year on Year Retail Sales Year on Year Chart 1.8% 0.6% 0.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.4% 0.3% 0.3%
PPI Month on Month PPI Month on Month Chart -0.9% -0.3% -1.2%
PPI Month on Month PPI Month on Month Chart -0.4% -0.1%
PPI Year on Year PPI Year on Year Chart -1.0% -1.0%
CPI Final Month on Month   0.4% 0.0% 0.1%
Industrial PPI Month on Month Industrial PPI Month on Month Chart -0.8% 0.1% 0.0%
GDP Month on Month GDP Month on Month Chart 0.2% 0.1% +0.1%
Industrial PPI Year on Year Industrial PPI Year on Year Chart 0.0% 0.0%
Chicago PMI Chicago PMI Chart 58.7 56.0 51.6
Univ Michigan Sentiment Univ Michigan Sentiment Chart 82.7 82.8 84.1
Univ Michigan Conditions Univ Michigan Conditions Chart 92.1 92.8 93.8
Univ Michigan Expectation Univ Michigan Expectation Chart 76.7 77.0 77.8

Corporate Statements

Flag of Great Britain
Clarkson, Keller Group

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