Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US consumer confidence index eased in June In the US, the consumer confidence index fell to a level of 121.50 in June, compared to market expectations of a fall to a level of 131.00. In the previous month, the index had recorded […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German Ifo current assessment index unexpectedly advanced in June In Germany, the Ifo current assessment index climbed unexpectedly to a level of 100.80 in June, higher than market expectations of a drop to reading of 100.30. The index had recorded a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing posted a deficit in May In the UK, the public sector net borrowing has posted a deficit of £4.50 billion in May, compared to a revised deficit of £6.20 billion in the previous month. Markets were anticipating […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE kept its key interest rate unchanged The Bank of England (BoE), at its June monetary policy meeting, kept its benchmark interest rate unchanged at 0.75% and its asset purchase facility at £435.0 billion, as widely expected. Further, the central bank lowered […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI advanced as expected in May In the UK, the consumer price index (CPI) recorded a rise of 2.00% on an annual basis in May, meeting market expectations. The CPI had advanced 2.10% in the previous month. Euro-zone current account surplus […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Mario Draghi hints at monetary policy easing The European Central Bank (ECB) President Mario Draghi signalled that the central bank could cut interest rates or provide further assets purchases, if inflation doesn’t reach its targets. Moreover, he stated that the central bank […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US housing market index surprisingly slid in June In the US, the housing market index dropped unexpectedly to a level of 64.00 in June, lower than market expectations of a rise to a level of 67.00. The index had registered a reading […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US advance retail sales rose less than expected in May In the US, advance retail sales registered a rise of 0.50% on a MoM basis in May, lower than market expectations for a rise of 0.60%. Advance retail sales had climbed by […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone industrial production fell as expected in April In the Euro-zone, the seasonally adjusted industrial production recorded a drop of 0.50% on a MoM basis in April, at par with market expectations. Industrial production had dropped by a revised 0.40% in the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance climbed in May In the UK, the house price balance recorded a rise to 10.00 %, in May, higher than market expectations of an advance to a level of 21.00 %. In the previous month, house price balance […]