Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly advanced in November The construction PMI in the UK unexpectedly advanced to a level of 53.40 in November, higher than market expectations of a drop to a reading of 52.50. The index had registered a level of 53.20 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI rose in November The manufacturing PMI in the UK registered a rise to a level of 53.10 in November, higher than market expectations of an advance to a reading of 51.70. In the prior month, the index had registered […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices rose more than expected in November The seasonally adjusted house prices in the UK rose 0.30% on a MoM basis, in November, compared to a flat reading in the prior month. Markets were expecting house prices to rise 0.10%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK net consumer credit rose less than expected in October Net consumer credit in the UK recorded a rise of £0.90 billion in October, compared to a revised similar rise in the prior month. Markets were anticipating net consumer credit to climb […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE warns of post-Brexit scenarios The BoE, in its half-yearly Financial Stability Report, signalled that a disorderly Brexit could lead to a savage recession. Meanwhile, the central bank indicated that a no-deal Brexit scenario could result in the nation’s economic growth falling […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance climbed in November The CBI distributive trade survey’s retail sales balance in the UK advanced to 19.00% in November, compared to market expectations of a rise to 10.00%. The CBI distributive trade survey’s retail […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals climbed in October In the UK, BBA mortgage approvals climbed to a level of 39.70 K in October, compared to a reading of 38.71 K in the previous month. German Ifo current assessment index slid in November The […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone manufacturing PMI unexpectedly declined in November In the Euro-zone, the preliminary manufacturing PMI unexpectedly dropped to a level of 51.50 in November, compared to a reading of 52.00 in the previous month. Market anticipation was for the index to remain unchanged. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB Minutes: Policymakers upbeat on economy The European Central Bank (ECB) policymakers, in the latest monetary policy meeting, showed confidence in the Euro-zone economy despite continuous uncertainties and fragilities affecting the economy. However, officials acknowledged that various arguments pointed...

The key points from today’s economic news, brought to you by Guardian Stockbrokers. OECD trims global growth outlook for 2019 The Organisation for Economic Co-operation and Development (OECD) projected a slowdown in the global growth to 3.5% from 3.7% in 2019, amid rising trade tensions and higher interest rates. Moreover, OECD cautioned that further tariffs […]