Market Analysis

Economic Diary:
Week Commencing 26/01/26


Monday 26 January

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 89.7 90.3 89.5
Durable Goods   -2.2% 3.2% 5.3%

Tuesday 27 January

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 90 90 90
Consumer Confidence Consumer Confidence Chart 89.1 90.9 84.5

Wednesday 28 January

Indicator Previous Expected Actual
CPI Year on Year CPI Year on Year Chart 3.2% 3.6% +3.6%
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.3% 0.6% +0.6%
GFK Consumer Confidence GFK Consumer Confidence Chart -26.9 -26.0 -24.1
Consumer Confidence   96.6 97.0 96.8
ZEW Investor Sentiment   6.2 -4.7
BoC Rate Decision   2.25% 2.25%
EIA Weekly Crude Oil Stocks   3.602Mln 1.848Mln -2.295Mln
FOMC Rate Decision   3.625% 3.625%

Thursday 29 January

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 37.2
Services Sentiment Services Sentiment Chart 5.6 6.0
Industrial Sentiment Industrial Sentiment Chart -9.0 -8.1
Business Climate Business Climate Chart -0.56
Economic Sentiment Economic Sentiment Chart 96.7 97.0
Consumer Confidence Consumer Confidence Chart -12.4 -12.4
Trade Balance Trade Balance Chart -29.4Bln US -40.5Bln US
Factory Orders Factory Orders Chart -1.3% 1.6%
Unemployment Rate Unemployment Rate Chart 2.6% 2.6%
Retail Sales Year on Year Retail Sales Year on Year Chart 1.0% 0.7%
Industrial Production Prelim   -2.7% -0.4%

Friday 30 January

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart 3.5%
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.0%
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.5% 0.2%
PPI Month on Month PPI Month on Month Chart 1.1%
Unemployment Change (sa) Unemployment Change (sa) Chart 3k 4k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.3% 6.3%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 0.3% 0.3%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.0% 0.2%
GDP Prelim Quarter on Quarter   0.1% 0.2%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 0.6% 0.5%
Money Supply M4   0.8%
Unemployment Rate   5.7% 5.8%
Unemployment Rate Unemployment Rate Chart 6.3% 6.3%
PPI Year on Year PPI Year on Year Chart -0.2%
PPI Month on Month PPI Month on Month Chart 1.0%
CPI Final Month on Month   0.0% 0.0%
PPI Core Year on Year PPI Core Year on Year Chart 3.0% 2.7%
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.0% 0.2%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart 0.2% 0.2%
GDP Month on Month GDP Month on Month Chart -0.3% 0.1%

Saturday 31 January

Indicator Previous Expected Actual
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.1 50.0

Monday 02 February

Indicator Previous Expected Actual
PMI Manufacturing   51.5
Retail Sales Month on Month Retail Sales Month on Month Chart -0.6%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 0.6% 0.7%
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 -0.4% 0.3%
PMI Manufacturing   51.6
PMI Manufacturing   47.9
PMI Manufacturing   51.0
PMI Manufacturing   48.7
PMI Manufacturing   49.4
PMI Manufacturing   48.6
ISM Manufacturing PMI ISM Manufacturing PMI Chart 47.9 48.3

Tuesday 03 February

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 3.60%

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