Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Raise investment to maintain global growth, said OECD The Organisation for Economic Co-operation and Development (OECD), in its latest economic outlook, indicated that global economic growth in 2017 will be the best in seven years, but underlined concerns about the longer-term outlook, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Italian business confidence index unexpectedly slid in November Compared to a revised reading of 110.90 in the prior month the business confidence index in Italy unexpectedly fell to a level of 110.80 in November. Market anticipation was for the business confidence index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals slid in October In October, BBA mortgage approvals in the UK dropped to 40.49 K, compared to a revised level of 41.58 K in the previous month. Markets were expecting BBA mortgage approvals to drop to 40.65 K. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK exports dropped as expected in 3Q 2017 On a QoQ basis, the flash exports in the UK fell 0.70% in 3Q 2017, in line with market expectations. In the prior quarter, exports had registered a rise of 0.70%. UK government spending […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Autumn Budget: UK slashed growth projections, set aside £3.0 billion for Brexit UK Chancellor of the Exchequer, Philip Hammond, in his first Autumn Statement announced that the Office for Budget Responsibility (OBR) has reduced UK’s economic growth forecasts for next four years […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing posted a deficit in October The public sector net borrowing (excluding temporary effects of financial interventions) in the UK has posted a deficit of £8.00 billion in October, following a revised deficit of £5.00 billion in the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German PPI advanced as expected in October In October, the producer price index (PPI) in Germany, recorded a rise of 2.70% on a YoY basis, in line with market expectations. The PPI had registered a rise of 3.10% in the prior month. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone construction output rose in September The seasonally adjusted construction output in the Euro-zone rose 0.10% in September on a MoM basis. Construction output had registered a revised unchanged reading in the prior month. Euro-zone current account surplus expanded in September In […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Mark Carney indicated that two more interest rate hikes are likely in coming years The Bank of England (BoE) Governor, Mark Carney, reassured that the central bank will probably need to hike interest rates a couple more times over the next few […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK average earnings excluding bonus rose as expected in the July-September 2017 period In the July-September 2017 period, the average earnings excluding bonus registered a rise of 2.20% in the UK on a YoY basis, compared to a revised similar rise in […]