Market Analysis

Economic Diary:
Week Commencing 24/10/22


Monday 24 October

Indicator Previous Expected Actual
China GDP Year on Year China GDP Year on Year Chart 0.4% 3.4% 3.9%
Retail Sales Retail Sales Chart 5.4% 3.3% +2.5%

Tuesday 25 October

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 75.2 75.0 75.6
Consumer Confidence Consumer Confidence Chart 108.0 106.5 102.5

Wednesday 26 October

Indicator Previous Expected Actual
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.8% 1.6% 1.8%
CPI Year on Year CPI Year on Year Chart 6.1% 7.0% 7.3%
Consumer Confidence Consumer Confidence Chart 79 77 82
ZEW Investor Sentiment   -69.2 -53.1
BoC Rate Decision   3.25% 4.00% 3.75%
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.685Mln 0.585Mln 0.603Mln
EIA Weekly Crude Oil Stocks   -1.725Mln 1.029Mln 2.588Mln

Thursday 27 October

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -42.5 -41.9 -41.9
Consumer Confidence   94.8 93.8 90.1
ECB Rate Decision ECB Rate Decision Chart 1.25% 2.00% 2.00%
Weekly Jobless Claims Weekly Jobless Claims Chart 214k 220k 217k
Durable Goods   -0.2% 0.6% 0.4%

Friday 28 October

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.5% 2.5% 2.6%
PPI Year on Year PPI Year on Year Chart 5.6% 6.4%
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.4% 1.9%
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.5% 0.2% 0.2%
PPI Month on Month PPI Month on Month Chart 2.7% 1.0%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.1% -0.2% 0.3%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 1.8% 0.7% 1.1%
Consumer Confidence Consumer Confidence Chart -27.6 -27.6 -27.6
Services Sentiment Services Sentiment Chart 4.9 3.2 1.8
Industrial Sentiment Industrial Sentiment Chart -0.4 -1.8 -1.2
Business Climate Business Climate Chart 0.81 0.76
Economic Sentiment Economic Sentiment Chart 93.7 92.5 92.5
CPI Final Month on Month   1.9% 0.6% 0.9%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.6% 0.5% 0.5%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.1% 0.3%
Personal Income Month on Month Personal Income Month on Month Chart 0.3% 0.3% 0.4%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 4.9% 5.2% 5.1%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.3%
GDP Month on Month GDP Month on Month Chart 0.1% 0.0% 0.1%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 6.2% 6.2%
Univ Michigan Expectation Univ Michigan Expectation Chart 56.2 56.2
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart -2.0% -5.0% -10.2%
Univ Michigan Conditions Univ Michigan Conditions Chart 65.3 65.3 65.6
Univ Michigan Sentiment Univ Michigan Sentiment Chart 59.8 59.8 59.9

MARKET ANALYSIS

RECENT POSTS

DISCLAIMER


Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investors lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. For professional clients, spread betting and CFD trading can also result in losses larger than your initial stake or deposit.

Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.

The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to www.spreadex.com.