Market Analysis

Economic Diary:
Week Commencing 30/10/23


Monday 30 October

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 0.2% 0.3% 0.9%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.0% -0.2% -0.1%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart -0.6% -1.0% -0.8%
Money Supply M4   0.2% -1.1%
Consumer Confidence Consumer Confidence Chart -17.9 -17.9 -17.9
Industrial Sentiment Industrial Sentiment Chart -9.0 -9.5 -9.3
Business Climate Business Climate Chart -0.36 -0.33
Services Sentiment Services Sentiment Chart 4.0 3.4 4.5
Economic Sentiment Economic Sentiment Chart 93.3 93.0 93.3
CPI Final Month on Month   0.3% 0.2% 0.0%
Unemployment Rate Unemployment Rate Chart 2.7% 2.6% 2.6%
Industrial Production Prelim   -0.7% 2.5% 0.2%
Retail Sales Year on Year Retail Sales Year on Year Chart 7.0% 5.9% 5.8%

Tuesday 31 October

Indicator Previous Expected Actual
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.2 50.2 49.5
Consumer Confidence Consumer Confidence Chart 35.2 35.7
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.5% 0.1% 0.1%
Retail Sales Year on Year Retail Sales Year on Year Chart -2.3% -4.0% -4.3%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.5% -0.8%
PPI Month on Month PPI Month on Month Chart 0.6% 0.7%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 0.3% 0.1% 0.0%
GDP Prelim Quarter on Quarter   -0.4% 0.1% 0.0%
PPI Month on Month PPI Month on Month Chart 0.5% 0.3% 0.6%
PPI Year on Year PPI Year on Year Chart -12.2% -14.1%
GDP Month on Month GDP Month on Month Chart 0.0% 0.1% 0.0%
Consumer Confidence Consumer Confidence Chart 103.0 100.0 102.6

Wednesday 01 November

Indicator Previous Expected Actual
PMI Manufacturing   48.5 48.7
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart -5.3% -4.8% -3.3%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.0% -0.4% 0.9%
PMI Manufacturing   45.2 45.2 44.8
ADP employment report ADP employment report Chart 89k 150k 113k
PMI Manufacturing   47.5 48.6
ISM Manufacturing PMI ISM Manufacturing PMI Chart 49.0 49.0 46.7
EIA Weekly Crude Oil Stocks   1.371Mln 1.261Mln 0.774Mln
FOMC Rate Decision   5.375% 5.375% 5.250 - 5.500%

Thursday 02 November

Indicator Previous Expected Actual
Imports Imports Chart 0% 8%
Exports Exports Chart 4% -1%
Trade Balance Goods & Services Trade Balance Goods & Services Chart 9640Mln AU 9400Mln AU 6786Mln AU
PMI Manufacturing   46.8 46.2 44.9
PMI Manufacturing   42.6 42.6 42.8
PMI Manufacturing   40.7 40.7 40.8
Unemployment Change (sa) Unemployment Change (sa) Chart 10k 15k 30k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.7% 5.8% 5.8%
PMI Manufacturing   43.0 43.0 43.1
MPC Vote For Rate Cut   0 0 0
MPC Vote For Rate Unchanged   5 6 6
MPC Vote For Rate Hike   4 3 3
BoE Rate Decision BoE Rate Decision Chart 5.25% 5.25% 5.25%
Weekly Jobless Claims Weekly Jobless Claims Chart 210k 210k 217k
Factory Orders Factory Orders Chart 1.2% 2.4% 2.8%

Friday 03 November

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart 16.6Bln EU 16.3Bln EU 16.5Bln EU
Industrial Production Month on Month   -0.3% 0.0% -0.5%
Unemployment Rate   7.3% 7.4% 7.4%
PMI Services   49.2 49.2 49.5
Unemployment Rate Unemployment Rate Chart 6.4% 6.4% 6.5%
Non-Farm Payrolls Non-Farm Payrolls Chart 336k 180k 150k
Unemployment Rate Unemployment Rate Chart 3.8% 3.8% 3.9%
Unemployment Rate Unemployment Rate Chart 5.5% 5.6% 5.7%
Non-Farm Payrolls Non-Farm Payrolls Chart 297K 180K 150K
Average Earnings Average Earnings Chart 0.2% 0.3% 0.2%
Unemployment Rate Unemployment Rate Chart 3.8% 3.8% 3.9%
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 58.8 54.1
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 58.9 58.6
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 53.4 50.2
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 53.6 53.0 51.8
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 51.8 55.5

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