Market Analysis

Economic Diary:
Week Commencing 26/06/23

Monday 26 June

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 88.6 88.0 83.6

Tuesday 27 June

Indicator Previous Expected Actual
Consumer Confidence   105.1 105.5 108.6
CPI Month on Month CPI Month on Month Chart 0.7% 0.5% 0.4%
CPI Boc Core Month on Month CPI Boc Core Month on Month Chart 0.5% +0.4%
Durable Goods   1.1% -1.0% 1.7%
CPI Year on Year CPI Year on Year Chart 4.4% 3.4% 3.4%
CPI BoC Core Year on Year CPI BoC Core Year on Year Chart 4.1% 3.9% +3.7%
Consumer Confidence Consumer Confidence Chart 102.3 104.0 109.7
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.683Mln 0.675Mln 0.763Mln

Wednesday 28 June

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -24.2 -23.0 -25.4
GFK Consumer Confidence GFK Consumer Confidence Chart -24.2 -23.0 -25.4
Consumer Confidence Consumer Confidence Chart 83 85
PPI Month on Month PPI Month on Month Chart -4.8% -2.3%
ZEW Investor Sentiment   -32.2 -30.8
PPI Year on Year PPI Year on Year Chart -1.5% -4.3%
PPI Year on Year PPI Year on Year Chart -1.5% -4.3%
PPI Month on Month PPI Month on Month Chart -4.8% -2.3%
EIA Weekly Crude Oil Stocks   -3.831Mln -1.757Mln -9.603Mln

Thursday 29 June

Indicator Previous Expected Actual
Retail Sales Year on Year Retail Sales Year on Year Chart 5.0% 5.4% +5.7%
Retail Sales Retail Sales Chart 0.0% 0.1% +0.7%
Consumer Confidence Consumer Confidence Chart 36.0 36.2
Money Supply M4   0.0% 0.2%
Industrial Sentiment Industrial Sentiment Chart -5.2 -5.5 -7.2
Business Climate Business Climate Chart 0.19 0.06
Consumer Confidence Consumer Confidence Chart -16.1 -16.1 -16.1
Services Sentiment Services Sentiment Chart 7.0 5.5 5.7
Economic Sentiment Economic Sentiment Chart 96.5 96.0 95.3
CPI Final Month on Month   -0.1% 0.2% 0.3%
Weekly Jobless Claims Weekly Jobless Claims Chart 264k 265k 239k
GDP Final GDP Final Chart 1.3% 1.4% 2.0%
Corporate Profits Corporate Profits Chart -6.8% -5.9%
GDP Deflator GDP Deflator Chart 4.1% 4.2% 4.1%
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 0.0% -0.5% -2.7%

Friday 30 June

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.6% 2.6% 2.6%
Industrial Production Prelim   0.7% -1.0% -1.6%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 48.8 49.0 49.0
Current Account Current Account Chart -2.483Bln GB -8.500Bln GB -10.757Bln GB
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.1% -0.3% 0.1%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart -3.4% -4.0% -3.5%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.8% 0.0% +0.4%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.1% 0.1% 0.1%
GDP Final Year on Year   0.2% 0.2% 0.2%
Retail Sales Year on Year Retail Sales Year on Year Chart -4.3% -4.3% -3.6%
PPI Month on Month PPI Month on Month Chart -5.1% -1.4%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.6% 5.6% 5.7%
Unemployment Change (sa) Unemployment Change (sa) Chart 9k 13k 28k
Unemployment Rate   7.8% 7.9% 7.6%
Unemployment Rate Unemployment Rate Chart 6.5% 6.5% +6.5%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.5% 0.0%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 4.4% 3.8%
GDP Month on Month GDP Month on Month Chart 0.0% 0.2% 0.0%
Personal Income Month on Month Personal Income Month on Month Chart 0.4% 0.3% 0.4%
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 0.4% 0.1%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 4.7% 4.7% 4.6%
Univ Michigan Sentiment Univ Michigan Sentiment Chart 63.9 63.9 64.4
Univ Michigan Conditions Univ Michigan Conditions Chart 68.0 68.0 69.0
Univ Michigan Expectation Univ Michigan Expectation Chart 61.3 61.3 61.5

SEARCH FOR AN ARTICLE:

Enter a keyword and search for all relevant articles

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.