Market Analysis

Economic Diary:
Week Commencing 02/11/26


Monday 02 November

Indicator Previous Expected Actual
PMI Manufacturing   53.3 53.3
Retail Sales Month on Month Retail Sales Month on Month Chart 1.3% 0.4% -2.0%
Retail Sales Year on Year Retail Sales Year on Year Chart -0.4% -2.3%
PMI Manufacturing   50.4 50.2 49.4
PMI Manufacturing   49.3 49.3 49.5
PMI Manufacturing   54.2 54.2 54.2
PMI Manufacturing   52.4 52.4 52.7
PMI Manufacturing   52.8 52.8 52.8
PMI Manufacturing   51.5 49.6
ISM Manufacturing PMI ISM Manufacturing PMI Chart 54.5 54.5 55.5

Tuesday 03 November

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 4.60% 4.85% 4.85%
Factory Orders Factory Orders Chart 0.1% 1.2% 1.8%

Wednesday 04 November

Indicator Previous Expected Actual
PMI Services   51.7 51.5 52.0
PMI Services   48.4 48.4 46.2
PMI Services   51.7 51.7 52.5
PMI Composite   51.9 51.9 51.7
PMI Services   51.7 51.7 51.4
PMI Services   53.1 53.1 52.8
ADP employment report ADP employment report Chart 90k 69k 86k
Trade Balance Trade Balance Chart -105.6Bln US -108.0Bln US -105.0Bln US
Trade Balance Trade Balance Chart 4.20Bln CA 4.10Bln CA +5.35Bln CA
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 54.9 54.8 54.5
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 74.0 73.0
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 59.8 55.9
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 50.1 51.4
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 56.5 53.8
EIA Weekly Crude Oil Stocks   -1.892Mln 0.877Mln -0.865Mln

Thursday 05 November

Indicator Previous Expected Actual
Industrial Production Month on Month   -0.3% 0.3% -0.5%
Retail Sales Month on Month (sa) Retail Sales Month on Month (sa) Chart 0.30% +0.1%
Retail Sales Year on Year (nsa) Retail Sales Year on Year (nsa) Chart 0.50% +1.6%
PPI Year on Year PPI Year on Year Chart 8.2% 10.9% 11.1%
PPI Month on Month PPI Month on Month Chart 1.9% 2.5% 2.5%
MPC Vote For Rate Hike   3 7 9
BoE Rate Decision BoE Rate Decision Chart 3.75% 4.00% 4.0%
MPC Vote For Rate Unchanged   6 2 0
MPC Vote For Rate Cut   0 0 0

Friday 06 November

Indicator Previous Expected Actual
Industrial Production Month on Month Industrial Production Month on Month Chart 2.0% 0.0% +0.7%
House Price Index UK (Halifax) House Price Index UK (Halifax) Chart 0.0% 0.1% -0.6%
Trade Balance Trade Balance Chart -6.122Bln EU -7.314Bln EU
Retail Sales Month on Month Retail Sales Month on Month Chart 0.1% -0.1% -0.7%
Retail Sales Year on Year Retail Sales Year on Year Chart 0.8% 0.6% 0.4%
Non-Farm Payrolls Non-Farm Payrolls Chart 29k 65k
Unemployment Rate Unemployment Rate Chart 4.2% 4.2%
Unemployment Rate Unemployment Rate Chart 6.5% 6.5%

Monday 09 November

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart 5.0% 5.3%
CPI Month on Month (China) CPI Month on Month (China) Chart 0.2% 0.0%
Trade Balance Trade Balance Chart 19.5Bln EU 19.4Bln EU
Consumer Sentiment Consumer Sentiment Chart -4.7%

Tuesday 10 November

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 1.0%
ILO Unemployment Rate ILO Unemployment Rate Chart 8.3% 8.4%
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 3.7%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.6% 0.3%

Wednesday 11 November

Indicator Previous Expected Actual
CPI Final Year on Year CPI Final Year on Year Chart 2.80% 2.8%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -1.3% 0.7%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart 0.0%

Thursday 12 November

Indicator Previous Expected Actual
GDP Prelim Year on Year   1.4% 1.9%
Industrial Production Year on Year Industrial Production Year on Year Chart 1.6% 3.0%
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart 1.2% -0.5%
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 3.0% 3.8%
Trade Balance Trade Balance Chart -18.007Bln GB
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.5% 0.7%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.8% -0.3%
Trade Balance Non-EU Trade Balance Non-EU Chart -5.287Bln GB
Existing Home Sales Existing Home Sales Chart 3.99Mln 3.86Mln

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