Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices rose less than expected in November The non-seasonally adjusted house prices advanced 4.40% on a YoY basis in the UK, in November, compared to an advance of 4.60% in the previous month. Markets were expecting house prices to climb […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE warns of elevated risks for UK’s financial stability The Bank of England (BoE) in its half-yearly Financial Stability Report, indicated that the likelihood of risks to Britain’s financial stability “remains elevated” following the Brexit vote and is largely dependent on an […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence fell in November In November, the consumer confidence in the UK registered a drop to -8.00, compared to a reading of -3.00 in the prior month. Markets were anticipating the consumer confidence to ease to -4.00. UK net consumer […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. OECD upgraded global economic outlook for 2017 The Organisation for Economic Cooperation and Development (OECD) has indicated that global economic growth will pick up faster than previously expected in the coming months as Donald Trump’s planned fiscal stimulus is likely to provide […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP advanced as expected in 3Q 2016 The second estimate of gross domestic product (GDP) advanced 0.50% in the UK on a quarterly basis in 3Q 2016, in line with market expectations. In the previous quarter, GDP had recorded a rise […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals recorded a rise in October In October, BBA mortgage approvals in the UK climbed to 40.85 K, compared to a revised reading of 38.69 K in the prior month. Market expectation was for BBA mortgage approvals to advance […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Autumn Statement: UK growth to slow to 1.4% next year UK Chancellor Philip Hammond in his first Autumn Statement indicated that the Office for Budget Responsibility has upgraded Britain’s growth forecast to 2.1% from 2.0% for this year, but then revised its […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing recorded a deficit in October In the UK, in October, the public sector net borrowing (excluding temporary effects of financial interventions) has reported a deficit £4.80 billion, as compared to a revised deficit of £9.70 billion in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB’s Draghi: Current levels of monetary support needed despite economy’s resilience The European Central Bank (ECB) President, Mario Draghi, in his statement to the European Parliament, indicated that the Euro-zone is recovering at a “moderate to steady pace and unemployment is falling”, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone current account surplus rose in September The European Central Bank has reported that the Euro-zone has posted the non-seasonally adjusted current account surplus of €29.80 billion in September, from a revised current account surplus of €22.90 billion in the prior month. […]