Market Analysis

Economic Diary:
Week Commencing 19/10/26


Monday 19 October

Indicator Previous Expected Actual
China GDP Year on Year China GDP Year on Year Chart 4.3% 4.4% +4.5%
Retail Sales Retail Sales Chart 0.4% 0.6% 1.1%
CPI Boc Core Month on Month CPI Boc Core Month on Month Chart 0.1% 0.0%
CPI BoC Core Year on Year CPI BoC Core Year on Year Chart 2.4% +2.2%
CPI Month on Month CPI Month on Month Chart -0.1% 0.2% +0.1%
CPI Year on Year CPI Year on Year Chart 3.0% 3.2% +3.1%

Tuesday 20 October

Indicator Previous Expected Actual
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 3.9% 3.8% 3.7%
PPI Year on Year PPI Year on Year Chart 4.6% 6.2% 6.7%
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart 27.8k +30.3k
PPI Month on Month PPI Month on Month Chart 1.1% 1.5% +1.9%
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 4.9% 5.0% 4.7%
ZEW Current Conditions ZEW Current Conditions Chart -47.1 -45.0 -35.9
ZEW Economic sentiment ZEW Economic sentiment Chart 34.7 30.0 28.1
Housing Starts Housing Starts Chart 1.275Mln 1.301Mln 1.221Mln
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 0.3% -0.5% -7.3%

Wednesday 21 October

Indicator Previous Expected Actual
Imports Year on Year Imports Year on Year Chart 28.0% 19.6% 18.9%
Trade Balance Trade Balance Chart -1111.9Bln JP -181.0Bln JP -536.6Bln JP
Exports Year on Year Exports Year on Year Chart 19.3% 20.1% 16.7%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 0.3% 0.2%
CPI Year on Year CPI Year on Year Chart 3.1% 3.4% 3.5%
CPI Month on Month CPI Month on Month Chart 0.5% 0.3% 0.4%
RPI Year on Year RPI Year on Year Chart 3.4% 3.9% 3.9%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 2.7% 2.9%
RPI Month on Month RPI Month on Month Chart 0.6% 0.1% 0.1%
EIA Weekly Crude Oil Stocks   -8.557Mln -0.820Mln -3.060Mln
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.5% 0.8% 0.7%
CPI Year on Year CPI Year on Year Chart 4.1% 3.8% 3.7%

Thursday 22 October

Indicator Previous Expected Actual
Industrial PPI Month on Month Industrial PPI Month on Month Chart 1.3% +2.0%
Industrial PPI Year on Year Industrial PPI Year on Year Chart 13.5% 14.5%

Friday 23 October

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -13 -15 -24
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart 1.7% 2.1% 2.1%
CPI Overall Nationwide CPI Overall Nationwide Chart 1.9% 2.1%
Retail Sales Year on Year Retail Sales Year on Year Chart 2.4% 1.0% 0.8%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.5% -0.1% -0.4%
Retail Sales Month on Month Retail Sales Month on Month Chart -0.7% 1.3% +1.2%
Univ Michigan Sentiment Univ Michigan Sentiment Chart 46.3 46.3 48.0
Univ Michigan Conditions Univ Michigan Conditions Chart 44.7 46.7
Univ Michigan Expectation Univ Michigan Expectation Chart 47.3 48.8

Monday 26 October

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 90.4 90.0

Tuesday 27 October

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 86 85
Durable Goods   -0.1% 1.5%
Consumer Confidence Consumer Confidence Chart 81.9 81.0
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.684Mln 0.650Mln

Wednesday 28 October

Indicator Previous Expected Actual
CPI Quarter on Quarter CPI Quarter on Quarter Chart 0.6% 1.3%
CPI Year on Year CPI Year on Year Chart 4.0% 3.9%
RBNZ Rate Decision RBNZ Rate Decision Chart 2.75% 3.00%
GFK Consumer Confidence GFK Consumer Confidence Chart -30.6 -31.0
ZEW Investor Sentiment   2.6
PPI Year on Year PPI Year on Year Chart 10.9%
PPI Month on Month PPI Month on Month Chart 2.4%
BoC Rate Decision   2.25% 2.50%
EIA Weekly Crude Oil Stocks   -3.060Mln
FOMC Rate Decision   3.875% 3.875%

Thursday 29 October

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 35.4
Unemployment Rate   6.2% 6.2%
Money Supply M4   0.4%
Consumer Confidence Consumer Confidence Chart -17.9 -17.9
Industrial Sentiment Industrial Sentiment Chart -3.8 -3.8
Services Sentiment Services Sentiment Chart 6.1 5.9
Economic Sentiment Economic Sentiment Chart 97.9 97.8
Business Climate Business Climate Chart -0.06
Consumer Confidence   91.2
Personal Income Month on Month Personal Income Month on Month Chart 0.2% 0.3%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.5%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.2% 0.3%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 3.0% 3.1%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 3.4% 3.6%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.6%
ECB Rate Decision ECB Rate Decision Chart 2.65% 2.65%
Dallas Fed PCE Dallas Fed PCE Chart 1.9%
Unemployment Rate Unemployment Rate Chart 2.5% 2.5%
Retail Sales Year on Year Retail Sales Year on Year Chart 2.7% 3.3%
Industrial Production Prelim   -2.4% 1.3%

Friday 30 October

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart 3.6%
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.3%
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.0% 0.1%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 0.8%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.2%
PPI Month on Month PPI Month on Month Chart 1.0%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.4% 6.4%
Unemployment Change (sa) Unemployment Change (sa) Chart 12k 8k
GDP Prelim Quarter on Quarter   0.2% 0.1%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.3% 0.1%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 1.0% 1.1%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 1.0% 0.9%
Unemployment Rate Unemployment Rate Chart 6.4% 6.4%
GDP Month on Month GDP Month on Month Chart 0.0% 0.2%
CPI Final Month on Month   0.6% 0.00%

Saturday 31 October

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

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