Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing posted a deficit in August In the UK, the public sector net borrowing has reported a deficit £10.10 billion in August, following a revised surplus of £2.40 billion in the previous month. Markets were expecting public sector […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German PPI recorded an unexpected drop in August On a monthly basis, in Germany, the producer price index (PPI) unexpectedly fell 0.10% in August, lower than market expectations for a steady reading. In the prior month, the PPI had climbed 0.20%. German […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone current account surplus narrowed in July The non-seasonally adjusted current account surplus of €31.50 billion in July, following a revised current account surplus of €39.10 billion in the previous month. Euro-zone construction output climbed in July On a monthly basis, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Rightmove house price index climbed in September The Rightmove house price index in the UK advanced 4.00% on a YoY basis, in September. In the previous month, the Rightmove house price index had advanced 4.10%. UK Rightmove house price index registered […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE left key interest rate unchanged but hints at November rate cut The BoE unanimously voted to leave the benchmark interest rate steady at 0.25%. They also voted 9-0 to keep the bond-buying programme target at £435.0 billion and to continue with […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK claimant count rate remained flat in August The claimant count rate in the UK remained steady at 2.20% in August, meeting market expectations. UK ILO unemployment rate remained steady in the May-July 2016 period The ILO unemployment rate in the UK […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK output PPI advanced less than expected in August In August, the non-seasonally adjusted output producer price index (PPI) advanced 0.80% on a YoY basis in the UK, lower than market expectations for an advance of 1.00%. Output PPI had registered a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Fed’s Brainard warned against moving too quickly on rate hikes The Federal Reserve (Fed) Governor, Lael Brainard, stated that the case to tighten monetary policy in the near term looks less compelling. She added that the US labour market was not yet […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK visible trade deficit dropped in July Visible trade deficit in the UK dropped to £11.76 billion in July, more than market expectations of a visible trade deficit of £11.65 billion. The UK had posted a revised visible trade deficit of £12.92 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB left interest rates unchanged, no QE extension announced The European Central Bank (ECB) left all of the key interest rates and its asset-purchase program unchanged. The main refinancing operations rate was held at 0.00% with the deposit rate at -0.40% and […]