Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. OECD downgraded global economic outlook for 2019 The OECD has cut its global economic forecast for 2019 to 3.3% from 3.5%, amid high political uncertainty and ongoing trade tensions between the US and China. Also, the OECD slashed the UK’s growth forecast […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI surprisingly advanced in February The services PMI in the UK recorded an unexpected rise to a level of 51.30 in February, compared to market expectations of a fall to a reading of 49.90. In the previous month, the index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI fell in February The construction PMI in the UK fell to a level of 49.50 in February, lower than market expectations of a fall to a reading of 50.50. The index had registered a level of 50.60 in the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped in February The manufacturing PMI in the UK recorded a drop to a level of 52.00 in February, meeting market expectations. The index had recorded a revised reading of 52.60 in the previous month. Euro-zone CPI rose as […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices unexpectedly fell in February On a monthly basis, the seasonally adjusted house prices in the UK unexpectedly eased 0.10% in February, compared to a revised rise of 0.20% in the previous month. Markets were anticipating the house prices to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence surprisingly improved in February The consumer confidence index in the UK unexpectedly rose to a level of -13.00 in February, compared to a reading of -14.00 in the prior month. Markets were anticipating the index to fall to a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals surprisingly climbed in January In the UK, BBA mortgage approvals recorded an unexpected rise to a level of 40.63 K in January, compared to a revised level of 39.35 K in the prior month. Markets were anticipating BBA […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US Chicago Fed national activity index surprisingly dropped in January In the US, the Chicago Fed national activity index unexpectedly eased to a level of -0.43 in January, compared to market expectations of an advance to a reading of 0.15. The index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone CPI fell less than expected in January The consumer price index (CPI) in the Euro-zone recorded a drop of 1.00% on a monthly basis in January, compared to a flat reading in the previous month. Market anticipation was for the CPI […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing reported a surplus in January The UK public sector net borrowing has reported a surplus of £15.80 billion in January, following a deficit of £2.10 billion in the prior month. Market anticipation was for public sector net […]