Market Analysis

Economic Diary:
Week Commencing 26/10/26


Monday 26 October

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 90.4 90.0 91.6

Tuesday 27 October

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 86 85 80
Durable Goods   -0.1% 1.7% 1.8%
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.684Mln 0.650Mln 0.676Mln
Consumer Confidence Consumer Confidence Chart 81.9 81.0 91.7

Wednesday 28 October

Indicator Previous Expected Actual
CPI Quarter on Quarter CPI Quarter on Quarter Chart 0.6% 1.2% 1.3%
CPI Year on Year CPI Year on Year Chart 4.0% 3.9% 3.9%
RBNZ Rate Decision RBNZ Rate Decision Chart 2.75% 3.00% 2.75%
GFK Consumer Confidence GFK Consumer Confidence Chart -30.6 -30.9 -30.8
ZEW Investor Sentiment   2.6 -15.3
PPI Month on Month PPI Month on Month Chart 2.4% 2.9%
PPI Year on Year PPI Year on Year Chart 10.9% 13.8%
BoC Rate Decision   2.25% 2.50% 2.50%
EIA Weekly Crude Oil Stocks   -3.060Mln 0.015Mln -1.892Mln
FOMC Rate Decision   3.875% 3.875% 3.75 - 4.00%

Thursday 29 October

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 35.4 35.0
Unemployment Rate   6.2% 6.2% 6.3%
Money Supply M4   0.4% 0.1%
Services Sentiment Services Sentiment Chart 6.1 5.9 5.3
Economic Sentiment Economic Sentiment Chart 97.9 97.5 96.9
Industrial Sentiment Industrial Sentiment Chart -3.8 -3.8 -3.4
Consumer Confidence Consumer Confidence Chart -17.9 -17.9 -17.9
Business Climate Business Climate Chart -0.06 0.09
Consumer Confidence   91.2 90.9 90.3
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.5% 0.5%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 3.4% 3.6% 3.6%
Personal Income Month on Month Personal Income Month on Month Chart 0.2% 0.3% 0.2%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.2% 0.3% 0.3%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.6% 0.0%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 3.0% 3.1% 3.1%
ECB Rate Decision ECB Rate Decision Chart 2.65% 2.65% 2.65%
Dallas Fed PCE Dallas Fed PCE Chart 1.9% 2.8%
Unemployment Rate Unemployment Rate Chart 2.5% 2.5% 2.4%
Retail Sales Year on Year Retail Sales Year on Year Chart 2.7% 3.3% 2.3%
Industrial Production Prelim   -2.4% 1.3% 2.2%

Friday 30 October

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart 3.6% +3.6%
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.3% +1.1%
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.0% 0.1% -0.1%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 0.8% 0.6% 0.5%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.2% -0.1% 0.0%
PPI Month on Month PPI Month on Month Chart 1.0% +1.7%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 6.4% 6.4% 6.4%
Unemployment Change (sa) Unemployment Change (sa) Chart 12k 5k 4k
GDP Prelim Quarter on Quarter   0.2% 0.1% 0.0%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart 0.3% 0.1% 0.2%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 1.0% 1.2% 1.3%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 1.0% 0.9% 0.8%
Unemployment Rate Unemployment Rate Chart 6.4% 6.4% 6.5%
GDP Month on Month GDP Month on Month Chart 0.0% 0.2%
CPI Final Month on Month   0.6% 0.10%

Saturday 31 October

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

Monday 02 November

Indicator Previous Expected Actual
PMI Manufacturing   53.3
Retail Sales Year on Year Retail Sales Year on Year Chart -0.4%
Retail Sales Month on Month Retail Sales Month on Month Chart 1.3% 0.5%
PMI Manufacturing   50.4
PMI Manufacturing   49.3 49.3
PMI Manufacturing   54.2 54.2
PMI Manufacturing   52.4 52.4
PMI Manufacturing   52.8
PMI Manufacturing   51.5
ISM Manufacturing PMI ISM Manufacturing PMI Chart 54.5

Tuesday 03 November

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 4.60% 4.85%
Factory Orders Factory Orders Chart 0.1%

Wednesday 04 November

Indicator Previous Expected Actual
PMI Services   51.7
PMI Services   48.4 48.4
PMI Services   51.7 51.7
PMI Services   51.7 51.7
PMI Composite   51.9 51.9
PMI Services   53.1
ADP employment report ADP employment report Chart 90k
Trade Balance Trade Balance Chart -105.6Bln US
Trade Balance Trade Balance Chart 4.20Bln CA
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 56.5
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 50.1
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 74.0
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 59.8
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 54.9
EIA Weekly Crude Oil Stocks   -1.892Mln

Thursday 05 November

Indicator Previous Expected Actual
Industrial Production Month on Month   -0.3%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 0.30%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 0.50%
PPI Month on Month PPI Month on Month Chart 1.9%
PPI Year on Year PPI Year on Year Chart 8.2%
MPC Vote For Rate Unchanged   6 2
BoE Rate Decision BoE Rate Decision Chart 3.75% 4.00%
MPC Vote For Rate Hike   3 7
MPC Vote For Rate Cut   0 0

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