Market Analysis

Economic Diary:
Week Commencing 30/05/22


Monday 30 May

Indicator Previous Expected Actual
Industrial Sentiment Industrial Sentiment Chart 7.9 7.5 6.3
Economic Sentiment Economic Sentiment Chart 105.0 104.8 105.0
Consumer Confidence Consumer Confidence Chart -21.1 -21.1 -21.1
Business Climate Business Climate Chart 1.98 1.26
Services Sentiment Services Sentiment Chart 13.5 14.3 14.0
CPI Final Month on Month   0.8% 0.7% 0.9%

Tuesday 31 May

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.6% 2.6% 2.5%
Industrial Production Prelim   0.3% -0.2% -1.3%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.9% 2.6% 2.9%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 47.4 48.6 49.6
Consumer Confidence Consumer Confidence Chart 33.0 34.1
PPI Month on Month PPI Month on Month Chart 4.3% 0.0%
GDP Detailed Quarter on Quarter   0.0% 0.0% -0.2%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.0% 5.0% 5.0%
Unemployment Change (sa) Unemployment Change (sa) Chart -13k -15k -4k
GDP Final Year on Year   5.8% 5.8% 6.2%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart -0.2% -0.2% 0.1%
Money Supply M4   0.1% 0.0%
GDP Month on Month GDP Month on Month Chart 1.1% 0.5% 0.7%
GDP Quarter on Quarter Annualised GDP Quarter on Quarter Annualised Chart 6.7% 5.4% 3.1%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 1.6% 0.8%
Consumer Confidence Consumer Confidence Chart 107.3 104.0 106.4

Wednesday 01 June

Indicator Previous Expected Actual
PMI Manufacturing   53.2 53.3
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 3.4% 0.5% 0.8%
GDP Final Year on Year GDP Final Year on Year Chart 4.2% 2.9% 3.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -0.1% -0.2% -5.4%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 12.1% 10.5% 11.2%
Retail Sales Year on Year Retail Sales Year on Year Chart -2.7% 4.0% -0.4%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.3% 0.6% 0.9%
PMI Manufacturing   54.5 53.5 51.9
PMI Manufacturing   54.5 54.5 54.6
PMI Manufacturing   54.7 54.7 54.8
PMI Manufacturing   54.4 54.4 54.6
Unemployment Rate   8.3% 8.3% 8.4%
PMI Manufacturing   54.6 54.6 54.6
Unemployment Rate Unemployment Rate Chart 6.8% 6.8% 6.8%
ADP employment report ADP employment report Chart 247k 300k
PMI Manufacturing   56.2 56.8
BoC Rate Decision   1.00% 1.50% 1.50%
ISM Manufacturing PMI ISM Manufacturing PMI Chart 55.4 54.5 56.1

Thursday 02 June

Indicator Previous Expected Actual
Trade Balance Goods & Services Trade Balance Goods & Services Chart 9314Mln AU 9300Mln AU 10495Mln AU
Imports Imports Chart -5% -1%
Exports Exports Chart 0% 1%
PPI Month on Month PPI Month on Month Chart 5.3% 2.3% 1.2%
PPI Year on Year PPI Year on Year Chart 36.8% 38.5% 37.2%
ADP employment report ADP employment report Chart 247k 300k 128k
Weekly Jobless Claims Weekly Jobless Claims Chart 210k 210k 200k
Factory Orders Factory Orders Chart 2.2% 0.7% 0.3%
EIA Weekly Crude Oil Stocks   -1.019Mln -1.350Mln -5.068Mln

Friday 03 June

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart 3.2Bln EU 1.6Bln EU 3.5Bln EU
Industrial Production Month on Month   -0.5% 0.3% -0.1%
PMI Services   55.7 54.5 53.7
PMI Services   58.4 58.4 58.3
PMI Services   56.3 56.3 55.0
PMI Composite   54.9 54.9 54.8
PMI Services   56.3 56.3 56.1
Retail Sales Month on Month Retail Sales Month on Month Chart -0.4% 0.3% -1.3%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.8% 5.4% 3.9%
Unemployment Rate Unemployment Rate Chart 3.6% 3.5% 3.6%
Non-Farm Payrolls Non-Farm Payrolls Chart 428k 325k 390k
Average Earnings Average Earnings Chart 0.3% 0.4% 0.3%
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 49.5 50.2
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 57.1 56.4 55.9
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 54.6 57.6
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 59.1 54.5
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 84.6 82.1

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