Market Analysis

Economic Diary:
Week Commencing 28/03/22


Tuesday 29 March

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.8% 2.8% 2.7%
Retail Sales Retail Sales Chart 1.8% 1.0% 1.8%
GFK Consumer Confidence GFK Consumer Confidence Chart -8.1 -14.0 -15.5
Consumer Confidence Consumer Confidence Chart 98 94 91
Money Supply M4   0.1% 1.0%
Consumer Confidence Consumer Confidence Chart 110.5 107.0 107.2

Wednesday 30 March

Indicator Previous Expected Actual
Retail Sales Year on Year Retail Sales Year on Year Chart 1.6% -0.3% -0.8%
PPI Month on Month PPI Month on Month Chart 9.7%
PPI Year on Year PPI Year on Year Chart 32.9%
ZEW Investor Sentiment   9.0 -27.8
Services Sentiment Services Sentiment Chart 13.0 10.0 14.4
Business Climate Business Climate Chart 1.79 1.67
Economic Sentiment Economic Sentiment Chart 114.0 109.0 108.5
Consumer Confidence Consumer Confidence Chart -18.7 -18.7 -18.7
PPI Year on Year PPI Year on Year Chart 32.9% 32.8%
Industrial Sentiment Industrial Sentiment Chart 14.0 9.0 10.4
PPI Month on Month PPI Month on Month Chart 9.7% 0.4%
CPI Final Month on Month   0.9% 1.6% 2.5%
ADP employment report ADP employment report Chart 475k 450k 455k
GDP Final GDP Final Chart 7.0% 7.1% 6.9%
GDP Deflator GDP Deflator Chart 7.2% 7.2% 7.1%
EIA Weekly Crude Oil Stocks   -2.508Mln -1.022Mln -3.449Mln

Thursday 31 March

Indicator Previous Expected Actual
Industrial Production Prelim   -0.8% 0.5% 0.1%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.2 49.9 49.5
Retail Sales Year on Year Retail Sales Year on Year Chart 10.3% 6.1% 7.0%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 1.0% 1.0% 1.3%
GDP Final Year on Year   6.5% 6.5% 6.6%
Current Account Current Account Chart -24.444Bln GB -17.600Bln GB -7.300Bln GB
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.7% 0.8% 1.1%
Retail Sales Month on Month Retail Sales Month on Month Chart 2.0% 0.5% 0.3%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 12.6% 13.5% 14.3%
PPI Month on Month PPI Month on Month Chart 4.6% 1.1%
Unemployment Change (sa) Unemployment Change (sa) Chart -33k -20k -18k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.0% 5.0% 5.0%
Unemployment Rate   8.8% 8.7% 8.5%
Unemployment Rate Unemployment Rate Chart 6.8% 6.7% 6.8%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.6% 0.6%
GDP Month on Month GDP Month on Month Chart 0.0% 0.2% 0.2%
Weekly Jobless Claims Weekly Jobless Claims Chart 187k 197k 202k
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.5% 0.4% 0.4%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 6.1% 6.4%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 1.5% -0.4%
Personal Income Month on Month Personal Income Month on Month Chart 0.0% 0.5% 0.5%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 5.2% 5.5% 5.4%
Dallas Fed PCE Dallas Fed PCE Chart 6.7% 4.0%

Friday 01 April

Indicator Previous Expected Actual
Tankan Big Non-Manufacturers Index Tankan Big Non-Manufacturers Index Chart 9 5 9
Tankan Big Manufacturers Index Tankan Big Manufacturers Index Chart 18 12 14
PMI Manufacturing   53.2 54.1
PMI Manufacturing   58.3 57.0 55.8
PMI Manufacturing   54.8 54.8 54.7
PMI Manufacturing   57.6 57.6 56.9
PMI Manufacturing   57.0 57.0 56.5
PMI Manufacturing   55.5 55.5 55.2
Non-Farm Payrolls Non-Farm Payrolls Chart 678k 490k 431k
Unemployment Rate Unemployment Rate Chart 3.8% 3.7% 3.6%
Average Earnings Average Earnings Chart 0.0% 0.4% 0.4%
PMI Manufacturing   56.6 58.9
ISM Manufacturing PMI ISM Manufacturing PMI Chart 58.6 59.0 57.1

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.