Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB kept monetary policy on hold and ruled out further rate cuts The European Central Bank (ECB) left the benchmark interest rate unchanged and dropped any reference to future rate cuts. The ECB President, Mario Draghi indicated that interest rates are likely […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK official reserves advanced in May Official reserves advanced $1115.00 million in the UK, in May. Official reserves had registered a rise of $1362.00 million in the prior month. UK services PMI fell in May In May, the services PMI dropped to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. World Bank retained global economic growth forecast The World Bank kept its global growth forecast for 2017 and 2018 unchanged at 2.70% and 2.90%, respectively, amid improving world trade and recovery in the US, Europe and other advanced economies. However, the bank […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices advanced less than expected in May The non-seasonally adjusted house prices in the UK climbed 2.10% in May on a YoY basis, compared to an advance of 2.60% in the prior month. Markets were anticipating house prices to advance […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK net consumer credit advanced as expected in April Net consumer credit advanced £1.50 billion in the UK in April, at par with market expectations. Net consumer credit had risen £1.60 billion in the previous month. UK net lending to individuals rose […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence surprisingly rose in May The consumer confidence in the UK recorded an unexpected rise to -5.00 in May, higher than market expectations of a drop to -8.00. The consumer confidence had recorded a reading of -7.00 in the prior […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB’s Draghi: Euro-zone still requires extraordinary monetary policy support In his testimony to the European Parliament, the European Central Bank (ECB) President, Mario Draghi, stated that economic upswing in the Euro-zone is becoming increasingly solid and continuing to broaden across sectors and...

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK index of services surprisingly climbed in March The index of services recorded an unexpected rise of 0.20% on a monthly basis in March, in the UK, higher than market expectations for a steady reading. The index of services had recorded a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German consumer confidence index surprisingly rose in June The consumer confidence index recorded an unexpected rise to 10.40 in Germany, in June, compared to a level of 10.20 in the previous month. Market anticipation was for the consumer confidence index to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net cash requirement posted a surplus in April In the UK, in April, public finances (public sector net cash requirement) has posted a surplus £15.21 billion, following a revised deficit of £27.68 billion in the prior month. UK public […]