Market Analysis

Economic Diary:
Week Commencing 30/09/24


Monday 30 September

Indicator Previous Expected Actual
Retail Sales Year on Year Retail Sales Year on Year Chart 2.6% 2.3% +2.8%
Industrial Production Prelim   3.1% -0.9% -3.3%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 49.1 49.5 49.8
Retail Sales Year on Year Retail Sales Year on Year Chart -1.1%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.2% 0.2% 0.7%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.4% 2.7% 3.2%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.2% 0.1%
GDP Final Year on Year   0.9% 0.9% 0.7%
Current Account Current Account Chart -20.995Bln GB -33.000Bln GB -28.397Bln GB
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.6% 0.6% 0.5%
Money Supply M4   0.3% -0.1%
CPI Final Month on Month   -0.1% 0.0% 0.0%

Tuesday 01 October

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.7% 2.6% 2.5%
Tankan Big Manufacturers Index Tankan Big Manufacturers Index Chart 13 13 13
Tankan Big Non-Manufacturers Index Tankan Big Non-Manufacturers Index Chart 33 32 34
PMI Manufacturing   49.6 49.7
Retail Sales Retail Sales Chart 0.0% 0.4% +0.7%
PMI Manufacturing   49.4 49.0 48.3
PMI Manufacturing   44.0 44.0 44.6
PMI Manufacturing   40.3 40.3 40.6
PMI Manufacturing   44.8 44.8 45.0
PMI Manufacturing   51.5 51.5 51.5
PMI Manufacturing   49.5 50.4
ISM Manufacturing PMI ISM Manufacturing PMI Chart 47.2 47.5 47.2

Wednesday 02 October

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 36.7 36.9
Unemployment Rate   6.5% 6.6% 6.2%
Unemployment Rate Unemployment Rate Chart 6.4% 6.4% 6.4%
ADP employment report ADP employment report Chart 99k 120k 143k
EIA Weekly Crude Oil Stocks   -4.471Mln -1.301Mln 3.889Mln

Thursday 03 October

Indicator Previous Expected Actual
PMI Services   51.4 51.0 50.5
PMI Services   48.3 48.3 49.6
PMI Services   50.6 50.6 50.6
PMI Composite   48.9 48.9 49.6
PMI Services   50.5 50.5 51.4
PMI Services   52.8 52.8 52.4
PPI Year on Year PPI Year on Year Chart -2.1% -2.4% -2.3%
PPI Month on Month PPI Month on Month Chart 0.8% 0.3% +0.6%
Weekly Jobless Claims Weekly Jobless Claims Chart 218k 220k 225k
Factory Orders Factory Orders Chart 5.0% 0.0% -0.2%
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 53.0 59.4
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 53.3 59.9
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 51.5 51.7 54.9
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 50.2 48.1
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 57.3 59.4

Friday 04 October

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 95
Industrial Production Month on Month   -0.5% 0.2% +1.4%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 0.50% -0.5%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 1.00% +0.8%
Unemployment Rate Unemployment Rate Chart 4.2% 4.2% 4.1%
Average Earnings Average Earnings Chart 0.4% 0.3% 0.4%
Non-Farm Payrolls Non-Farm Payrolls Chart 142k 140k 254k
Unemployment Rate Unemployment Rate Chart 4.2% 4.2% 4.1%
Non-Farm Payrolls Non-Farm Payrolls Chart 78K 147K 254K

MARKET ANALYSIS

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