Market Analysis

Economic Diary:
Week Commencing 30/01/23

Monday 30 January

Indicator Previous Expected Actual
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 1.2% 0.8% 0.5%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.4% 0.0% -0.2%
Consumer Confidence Consumer Confidence Chart -20.9 -20.9 -20.9
Business Climate Business Climate Chart 0.54 0.69
Economic Sentiment Economic Sentiment Chart 95.8 97.0 99.9
Services Sentiment Services Sentiment Chart 6.3 7.9 10.7
Industrial Sentiment Industrial Sentiment Chart -1.5 -0.6 1.3
Unemployment Rate Unemployment Rate Chart 2.5% 2.5% 2.5%
Industrial Production Prelim   0.2% -1.2% -0.1%
Retail Sales Year on Year Retail Sales Year on Year Chart 2.6% 3.0% +3.8%

Tuesday 31 January

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 1.4% -0.3% -3.9%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 47.0 49.8 50.1
Consumer Confidence Consumer Confidence Chart 30.3 31.0
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.2% 0.0% 0.1%
Retail Sales Month on Month Retail Sales Month on Month Chart 1.1% 0.2% -5.3%
Retail Sales Year on Year Retail Sales Year on Year Chart -5.9% -1.8% -6.4%
PPI Month on Month PPI Month on Month Chart 1.2% +1.4%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.5% 5.5% 5.5%
Unemployment Change (sa) Unemployment Change (sa) Chart -13k 5k -15k
Unemployment Rate   7.8% 7.8% 7.8%
Money Supply M4   -1.6% -0.8%
GDP Prelim Quarter on Quarter   0.5% -0.2% -0.1%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 2.6% 1.6% 1.7%
GDP Month on Month GDP Month on Month Chart 0.1% 0.1% 0.1%
Consumer Confidence Consumer Confidence Chart 108.3 109.0 107.1

Wednesday 01 February

Indicator Previous Expected Actual
PMI Manufacturing   48.9 48.9
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.8% 1.9% +1.1%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.1% -0.3% -0.6%
PMI Manufacturing   48.5 49.6 50.4
PMI Manufacturing   50.8 50.8 50.5
PMI Manufacturing   47.0 47.0 47.3
PMI Manufacturing   48.8 48.8 48.8
PMI Manufacturing   46.7 46.7 47.0
Unemployment Rate Unemployment Rate Chart 6.5% 6.5% 6.6%
ADP employment report ADP employment report Chart 235k 178k 106k
PMI Manufacturing   49.2 51.0
ISM Manufacturing PMI ISM Manufacturing PMI Chart 48.4 48.0 47.4
EIA Weekly Crude Oil Stocks   0.533Mln 0.376Mln 4.140Mln
FOMC Rate Decision   4.375% 4.625% 4.500 - 4.750%

Thursday 02 February

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart 10.8Bln EU 9.2Bln EU +10.0Bln EU
MPC Vote For Rate Unchanged   2 2 2
MPC Vote For Rate Cut   0 0 0
BoE Rate Decision BoE Rate Decision Chart 3.50% 4.00% 4.00%
MPC Vote For Rate Hike   7 7 7
ECB Rate Decision ECB Rate Decision Chart 2.50% 3.00% 3.00%
Weekly Jobless Claims Weekly Jobless Claims Chart 186k 200k 183k
Factory Orders Factory Orders Chart -1.8% 2.2% 1.8%

Friday 03 February

Indicator Previous Expected Actual
Industrial Production Month on Month   2.0% 0.2% +1.1%
PMI Services   49.9 51.0 51.2
PMI Services   49.2 49.2 49.4
PMI Services   50.4 50.4 50.7
PMI Services   50.7 50.7 50.8
PMI Composite   50.2 50.2 50.3
PMI Services   48.0 48.0 48.7
PPI Month on Month PPI Month on Month Chart -0.9% -0.4% +1.1%
PPI Year on Year PPI Year on Year Chart 27.1% 22.5% +24.6%
Average Earnings Average Earnings Chart 0.3% 0.3% 0.3%
Average Earnings Average Earnings Chart 0.3% 0.3% 0.3%
Non-Farm Payrolls Non-Farm Payrolls Chart 223k 185k 517k
Unemployment Rate Unemployment Rate Chart 3.5% 3.6% 3.4%
Unemployment Rate Unemployment Rate Chart 3.5% 3.6% 3.4%
Non-Farm Payrolls Non-Farm Payrolls Chart 223k 185k 517k
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 49.8 50.0
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 54.7 54.5 60.4
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 67.6 67.8
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 45.2 60.4
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 49.6 50.4 55.2

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.