Market Analysis

Economic Diary:
Week Commencing 25/03/24


Monday 25 March

Indicator Previous Expected Actual
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.661Mln 0.675Mln 0.662Mln
Consumer Sentiment Consumer Sentiment Chart 6.2% -1.8%

Tuesday 26 March

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -29.0 -27.9 -27.4
Durable Goods   -6.2% 1.1% 1.4%
Consumer Confidence Consumer Confidence Chart 106.7 107.0 104.7

Wednesday 27 March

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 89 90 91
ZEW Investor Sentiment   10.2 11.5
Services Sentiment Services Sentiment Chart 6.0 7.8 6.3
Consumer Confidence Consumer Confidence Chart -14.9 -14.9 -14.9
Economic Sentiment Economic Sentiment Chart 95.4 96.3 96.3
Industrial Sentiment Industrial Sentiment Chart -9.5 -9.0 -8.8
Business Climate Business Climate Chart -0.42 -0.30
EIA Weekly Crude Oil Stocks   -1.952Mln -1.275Mln 3.165Mln

Thursday 28 March

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 1.1% 0.4% 0.3%
Retail Sales Year on Year Retail Sales Year on Year Chart -1.4% -0.8% -2.7%
GDP Final Year on Year   -0.2% -0.2% -0.2%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart -0.3% -0.3% -0.3%
Current Account Current Account Chart -17.175Bln GB -21.400Bln GB -21.177Bln GB
Retail Sales Month on Month Retail Sales Month on Month Chart -0.4% 0.3% -1.9%
Unemployment Change (sa) Unemployment Change (sa) Chart 11k 10k 4k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.9% 5.9% 5.9%
Consumer Confidence   97.0 97.5 96.5
PPI Month on Month PPI Month on Month Chart -1.7% -1.0%
PPI Year on Year PPI Year on Year Chart -10.7% -10.8%
GDP Month on Month GDP Month on Month Chart 0.0% 0.4% 0.6%
Weekly Jobless Claims Weekly Jobless Claims Chart 210k 212k 210k
Corporate Profits Corporate Profits Chart
GDP Deflator GDP Deflator Chart 1.7% 1.6% 1.7%
GDP Final GDP Final Chart 3.2% 3.2% 3.4%
Univ Michigan Sentiment Univ Michigan Sentiment Chart 76.5 76.5 79.4
Univ Michigan Expectation Univ Michigan Expectation Chart 74.6 77.4
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart -4.9% 1.5% 1.6%
Univ Michigan Conditions Univ Michigan Conditions Chart 79.4 82.5
Unemployment Rate Unemployment Rate Chart 2.4% 2.4% 2.6%
Industrial Production Prelim   -6.7% 1.4% -0.1%
Retail Sales Year on Year Retail Sales Year on Year Chart 2.3% 3.0% 4.6%

Friday 29 March

Indicator Previous Expected Actual
PPI Month on Month PPI Month on Month Chart -1.3% -1.7%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 2.8% 2.8% 2.8%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.4% 0.3% 0.3%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.4% 0.3%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 2.4% 2.5% 2.5%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart -0.1% 0.4%
Personal Income Month on Month Personal Income Month on Month Chart 1.0% 0.4% 0.3%
Dallas Fed PCE Dallas Fed PCE Chart 5.0% 3.4%

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