Market Analysis

Economic Diary:
Week Commencing 27/07/26


Monday 27 July

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 84.1 84.8 86.7
Durable Goods   -4.5% 2.4% 0.3%

Tuesday 28 July

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 84 85
Consumer Confidence Consumer Confidence Chart 91.2 92.3

Wednesday 29 July

Indicator Previous Expected Actual
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.4% 0.7%
CPI Year on Year CPI Year on Year Chart 4.1% 4.1%
ZEW Investor Sentiment   -25.0
Money Supply M4   0.1%
EIA Weekly Crude Oil Stocks   2.010Mln -1.350Mln
FOMC Rate Decision   3.625% 3.625%

Thursday 30 July

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 33.8
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart -0.1% 0.2%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.3% 0.1%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 0.8% 0.7%
GDP Prelim Quarter on Quarter   0.3% 0.1%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 0.5% 0.6%
Unemployment Rate   5.0% 5.1%
Industrial Sentiment Industrial Sentiment Chart -7.7 -7.0
Business Climate Business Climate Chart -0.38
Consumer Confidence Consumer Confidence Chart -15.9 -15.9
Unemployment Rate Unemployment Rate Chart 6.2% 6.2%
Services Sentiment Services Sentiment Chart 3.2 3.8
Economic Sentiment Economic Sentiment Chart 95.0 96.0
PPI Month on Month PPI Month on Month Chart -0.2%
PPI Year on Year PPI Year on Year Chart 7.3%
MPC Vote For Rate Hike   2 2
MPC Vote For Rate Unchanged   7 7
MPC Vote For Rate Cut   0 0
BoE Rate Decision BoE Rate Decision Chart 3.75% 3.75%
CPI Final Month on Month   -0.3% 0.70%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 4.1% 3.7%
Personal Income Month on Month Personal Income Month on Month Chart 0.7% 0.3%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 3.4% 3.3%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.2%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.3%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.4% -0.1%
Dallas Fed PCE Dallas Fed PCE Chart 2.8%

Friday 31 July

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.5% 2.5%
Industrial Production Prelim   0.1% 0.7%
Retail Sales Year on Year Retail Sales Year on Year Chart 5.3% 3.1%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.3 50.0
PPI Quarter on Quarter PPI Quarter on Quarter Chart 0.4%
PPI Year on Year PPI Year on Year Chart 3.0%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 0.0% 0.1%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 2.2% 1.9%
PPI Month on Month PPI Month on Month Chart -0.3%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.3% 6.3%
Unemployment Change (sa) Unemployment Change (sa) Chart -1k 5k
Consumer Confidence   92.4 92.5
GDP Month on Month GDP Month on Month Chart 0.5% 0.2%
Univ Michigan Conditions Univ Michigan Conditions Chart 54.9
Univ Michigan Expectation Univ Michigan Expectation Chart 54.0
Univ Michigan Sentiment Univ Michigan Sentiment Chart 54.4 54.0

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