Market Analysis

Economic Diary:
Week Commencing 27/01/14

Monday 27 January

Indicator Previous Expected Actual
IFO Business Climate IFO Business Climate Chart 109.5 110.0 110.6
IFO Current Conditions IFO Current Conditions Chart 111.6 112.4 112.4
IFO Expectations IFO Expectations Chart 107.4 108.0 108.9
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.464mln 0.457mln 0.414mln

Corporate Statements

Flag of Great Britain
Aveva Group, British Assets Trust, EKF Diagnostics Holdings, Porvair, Premier Foods, Smart Metering Systems
Flag of the USA
APR Energy, Millennial Media Inc, Royal Caribbean Cruises (All Sessions)

Tuesday 28 January

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 85 85 86
Consumer Confidence   96.2 97.0 98.0
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.8% 0.7% +0.7%
GDP Prelim Year on Year   1.9% 2.8% +2.8%
Durable Goods   3.4% 1.8% -4.3%
Consumer Confidence Consumer Confidence Chart 78.1 78.1 80.7

Corporate Statements

Flag of the USA
Greenhill and Co, Kofax Limited
Flag of Great Britain
Afren, Augean, British Land Co, Carpetright, Crest Nicholson, Evocutis, Filtronic, Gem Diamonds

Wednesday 29 January

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart 7.6 7.6 8.2
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 8.4% 8.5% 8.8%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.4% 0.6% 0.7%
FOMC Rate Decision   % 0-.25%
Retail Sales Year on Year Retail Sales Year on Year Chart 4.0% 3.8% +2.6%

Corporate Statements

Flag of Great Britain
Brewin Dolphin Hldgs, B2Gold Corp, International Greetings, McKay Securities, Mulberry Group, Quixant PLC, Sopheon
Flag of the USA
Hanesbrands, Las Vegas Sands, Marathon Petroleum

Thursday 30 January

Indicator Previous Expected Actual
Unemployment Change (sa) Unemployment Change (sa) Chart -15k -5k -28k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.9% 6.9% 6.8%
Consumer Confidence Consumer Confidence Chart -13.6 -11.7 -11.7
Services Sentiment Services Sentiment Chart 0.2 0.8 2.3
Industrial Sentiment Industrial Sentiment Chart -3.4 -2.8 -3.9
Economic Sentiment Economic Sentiment Chart 100.0 101.0 100.9
Business Climate Business Climate Chart 0.27 0.35 0.19
CPI Final Month on Month   0.4% -0.4% -0.6%
PCE Prices PCE Prices Chart 1.9% 0.7% +0.7%
GDP GDP Chart 4.1% 3.2% +3.2%
Weekly Jobless Claims Weekly Jobless Claims Chart 326k 330k 348k
GDP Sales GDP Sales Chart 2.5% 3.9% +2.8%
GDP Consumer Spending GDP Consumer Spending Chart 2.0% +3.3%
GDP Deflator GDP Deflator Chart 2.0% 1.3% +1.3%
PCE Core Prices PCE Core Prices Chart 1.4% 1.1% +1.1%
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 0.2% 0.0% -8.7%
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart 1.2% 1.2% +1.3%
Unemployment Rate Unemployment Rate Chart 4.0% 3.9% 3.7%
CPI Overall Nationwide CPI Overall Nationwide Chart 1.5% +1.6%
Industrial Production Prelim   -0.1% 1.2% +1.1%

Corporate Statements

Flag of Great Britain
3i Group, British Sky Broadcasting Group, Cranswick, Diageo, Euromoney Institutional Invest, F&C Asset Management, Fuller,Smith & Turner, Fuller,Smith & Turner, Haynes Publishing, Unite Group, Johnson Matthey, KBC Advanced Tech, Lonmin, Mitchells & Butlers, National Grid, Polyus Gold International, RPC Group, Safestore Holdings, United Utilities Group
Flag of the USA
Altria Group Inc, Beneficial Mutual Healthcare, CMS Energy Corp, Computer Science, Exxon Mobil (All Sessions), Franklin Res, Helmerich & Payne, Inc., Hershey Co, Invensense, L-3 Comms Hldgs, Manitowoc, Peabody Energy, Raytheon Co, Rob Half Intl, Teco Energy, Thermo Fisher Scientific (All Sessions), Whirl Pool Corp, Zimmer Hldgs

Friday 31 January

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -13 -12 -7
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.3% 0.9% +0.2%
PPI Year on Year PPI Year on Year Chart 1.9% 2.7% +1.9%
Dallas Fed PCE Dallas Fed PCE Chart 1.5% 1.1%
Retail Sales Month on Month Retail Sales Month on Month Chart 1.5% 0.2% -2.5%
Retail Sales Year on Year Retail Sales Year on Year Chart 1.6% 1.9% -2.4%
PPI Month on Month PPI Month on Month Chart 0.5% 0.2%
Unemployment Rate   12.7% 12.7% 12.7%
Unemployment Rate Unemployment Rate Chart 12.1% 12.1% 12.0%
PPI Month on Month PPI Month on Month Chart -0.1% 0.2% -0.1%
PPI Year on Year PPI Year on Year Chart -1.8% -1.8%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 0.9% +1.1%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.1% 0.1% +0.1%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.0% +0.2%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 1.1% +1.2%
Personal Income Month on Month Personal Income Month on Month Chart 0.2% 0.2% 0.0%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.5% +0.2%
GDP Month on Month GDP Month on Month Chart 0.3% 0.2% +0.2%
Chicago PMI Chicago PMI Chart 60.8 59.0 59.6
Univ Michigan Sentiment Univ Michigan Sentiment Chart 80.4 81.0 81.2
Univ Michigan Conditions Univ Michigan Conditions Chart 95.2 95.5 96.8
Univ Michigan Expectation Univ Michigan Expectation Chart 70.9 71.5 71.2

Corporate Statements

Flag of the USA
Avery Dennison, Consol Energy, Legg Mason, Newell Rubbermd, US Silica Holdings Inc
Flag of Great Britain
Air Partner, Dairy Crest Group, De La Rue, ITM Power, JPMorgan Euro Small Co. Trust, Paragon Group of Companies, Premier Farnell, SkyePharma, Teg Group, Vedanta Resources

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.