PriceAction LTD. Market Report

Market Report (September 12 – September 16) &

Upcoming Events September’22

September 12, 2022

GDP 3-Month Avg (GBP)

Monthly real gross domestic product (GDP) is estimated to have grown by 0.2% in July 2022 (Figure 1) following a fall of 0.6% in June 2022. For more information on June 2022, please see the Monthly GDP release June 2022 bulletin.

Monthly GDP is now estimated to be 1.1% above its pre-coronavirus (COVID-19) levels (February 2020).

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September 13, 2022

Claimant Count Change (GBP)

The UK employment rate for May to July 2022 for people aged 16 to 64 years decreased by 0.2% points on the quarter to 75.4% and is still below pre-coronavirus (COVID-19) pandemic levels. Read More.

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Harmonized Index of Consumer Prices (EUR)

The inflation rate in Germany, measured as the year-on-year change in the consumer price index (CPI), stood at +7.9% in August 2022. The inflation rate thus increased slightly again (July 2022: +7.5%; June 2022: +7.6%), remaining clearly above 7% for half a year now. Read More.

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Labour market overview, UK: September 2022 (GBP)

The UK employment rate for May to July 2022 for people aged 16 to 64 years decreased by 0.2% points on the quarter to 75.4% and is still below pre-coronavirus (COVID-19) pandemic levels. Read More…

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Consumer Price Index (USD)

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1% in August on a seasonally adjusted basis after being unchanged in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.3% before seasonal adjustment.. Read More.

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September 14, 2022

Consumer Price Index (GBP)

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.6% in the 12 months to August 2022, down from 8.8% in July. On a monthly basis, CPIH rose by 0.5% in August 2022, compared with a rise of 0.6% in August 2021. The Consumer Prices Index (CPI) rose by 9.9% in the 12 months to August 2022, down from 10.1% in July. See more..

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Producer Price Indexes – August 2022 (USD)

The Producer Price Index for final demand fell 0.1% in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices decreased 0.4% in July and advanced 1.0% in June. See More

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September 15, 2022

Gross Domestic Product (NZD)

Economic activity rose 1.7% in the June 2022 quarter as measured by gross domestic product. This follows a fall of 0.2% in the March 2022 quarter. Average annual GDP rose 1.0% through the year to June 2022. See more

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Employment Change (AUD)

In seasonally adjusted terms, in August 2022:

  1. the unemployment rate increased to 3.5%.
  2. participation rate increased to 66.6%.
  3. employment increased to 13,592,100.
  4. employment to population ratio increased to 64.3%.
  5. underemployment rate decreased to 5.9%.
  6. monthly hours worked increased 0.8% to 1,854 million… See More…

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Empire State Manufacturing Survey (USD)

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US Retail Sales Unexpectedly Rise After Drop in Prior Month (USD)

US retail sales unexpectedly rose in August after declining a month earlier, as consumer demand for goods broadly held up but showed signs of moderating amid historic inflation.


The value of overall retail purchases increased 0.3% last month after a downwardly revised 0.4% drop in July, Commerce Department data showed Thursday. Excluding gasoline, retail sales were up 0.8%. The figures aren’t adjusted for inflation. See more…

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September 16, 2022

Retail Sales (CNY)

The National Economy Continued to Recover with Major Indicators Generally Improving in August.

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Prelim UoM Consumer Sentiment (USD)

Consumer sentiment in the US improved slightly in early September with the University of Michigan’s (UoM) Consumer Confidence Index edging higher to 59.5 (flash) from 58.2 in August. This print came in below the market expectation of 60. See More…

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Pound Slid 1% to Its Lowest Since 1985.

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Upcoming Events

Sept 19, 2022

RBNZ Gov Orr Speaks (NZD)

Sept 20, 2022

Monetary Policy Meeting Minutes (AUD)

CPI m/m (CAD)

Sept 22, 2022

FOMC Press Conference (USD)

Federal Funds Rate (USD)

Monetary Policy Statement (JPY)

BOJ Press Conference (JPY)

SNB Policy Rate (CHF)

MPC Official Bank Rate Votes (GBP)

Sept 23, 2022

French Flash Services PMI (EUR)

German Flash Services PMI (EUR)

Flash Manufacturing PMI (GBP)

Flash Services PMI (USD)

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