Market Analysis

Economic Diary:
Week Commencing 25/11/24


Monday 25 November

Indicator Previous Expected Actual
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.1% 0.2%
IFO Business Climate Expectations IFO Business Climate Expectations Chart 87.3 87.0 87.2

Tuesday 26 November

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 108.7 111.3 111.7
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.738Mln 0.725Mln 0.610Mln

Wednesday 27 November

Indicator Previous Expected Actual
RBNZ Rate Decision RBNZ Rate Decision Chart 4.75% 4.25% 4.25%
Consumer Confidence Consumer Confidence Chart 94 93 90
ZEW Investor Sentiment   -7.7 -12.4
GFK Consumer Confidence GFK Consumer Confidence Chart -18.3 -18.6 -23.3
Weekly Jobless Claims Weekly Jobless Claims Chart 213k 216k 213k
Durable Goods   -0.7% 0.5% 0.2%
Dallas Fed PCE Dallas Fed PCE Chart 2.5% 2.3%
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 7.4% -2.0% +2.0%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.3% 0.3%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 2.1% 2.3% 2.3%
Personal Income Month on Month Personal Income Month on Month Chart 0.3% 0.3% 0.6%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.2% 0.2% 0.2%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 2.7% 2.8% 2.8%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.4% 0.1%
EIA Weekly Crude Oil Stocks   0.545Mln -0.605Mln -1.844Mln

Thursday 28 November

Indicator Previous Expected Actual
Consumer Confidence   97.4 97.2 96.6
Industrial Sentiment Industrial Sentiment Chart -13.0 -13.2 -11.1
Services Sentiment Services Sentiment Chart 7.1 6.2 5.3
Business Climate Business Climate Chart -0.96 -0.77
Economic Sentiment Economic Sentiment Chart 95.6 95.1 95.8
PPI Month on Month PPI Month on Month Chart -0.6% 0.7%
PPI Year on Year PPI Year on Year Chart -2.0% -2.8%
Consumer Confidence Consumer Confidence Chart -13.7 -13.7 -13.7
CPI Final Month on Month   0.4% -0.2% -0.2%
Unemployment Rate Unemployment Rate Chart 2.4% 2.5% 2.5%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.5% 2.2% +1.6%
Industrial Production Prelim   1.6% 3.9% 3.0%

Friday 29 November

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 36.2 36.4
Retail Sales Month on Month Retail Sales Month on Month Chart 1.2% -0.3% -1.5%
Retail Sales Year on Year Retail Sales Year on Year Chart 3.8% 3.2% +1.0%
PPI Month on Month PPI Month on Month Chart -0.1% +0.9%
GDP Detailed Quarter on Quarter   0.4% 0.4% 0.4%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.1% 6.1% 6.1%
Unemployment Change (sa) Unemployment Change (sa) Chart 27k 20k 7k
Money Supply M4   0.6% -0.1%
GDP Quarter on Quarter Annualised GDP Quarter on Quarter Annualised Chart 2.1% 1.0% 1.0%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.5% 0.3%
GDP Month on Month GDP Month on Month Chart 0.0% 0.3% 0.1%

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