Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK NIESR estimated GDP rose less than expected in the May-July 2016 period NIESR estimated gross domestic product (GDP) registered a rise of 0.30% on a monthly basis in the UK, in the May-July 2016 period, compared to an advance of 0.60% […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors surprisingly rose in July Retail sales across all sectors in the UK unexpectedly climbed 1.10% on an annual basis in July, compared to a drop of 0.50% in the prior month. Market anticipation was for retail […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index declined more than expected in July On a MoM basis, in the UK, the Halifax house price index registered a drop of 1.00% in July, more than market expectations for a drop of 0.20%. In the prior […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE cut key interest rate, expanded stimulus The Bank of England (BoE) slashed the benchmark interest rate for the first time since 2009 to a historic low of 0.25%. The central bank also announced that the asset purchase facility would be increased […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK official reserves advanced in July In July, official reserves climbed $219.00 million in the UK. In the prior month, official reserves had risen $1619.00 million. UK services PMI dropped in July In July, the final services PMI in the UK eased […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI registered a decline in July In July, the construction PMI in the UK recorded a drop to 45.90, compared to market expectations of a fall to a level of 44.00. In the prior month, the construction PMI had registered […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI declined in July In July, the final manufacturing PMI in the UK recorded a drop to 48.20, compared to a level of 52.10 in the previous month. Markets were expecting the manufacturing PMI to ease to 49.10. The preliminary […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK M4 money supply climbed in June On an annual basis, M4 money supply in the UK rose 3.50% in June. In the previous month, M4 money supply had risen 1.80%. UK net lending secured on dwellings advanced more than expected in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices unexpectedly climbed in July On a MoM basis, the seasonally adjusted house prices in the UK registered an unexpected rise of 0.50% in July, compared to an advance of 0.20% in the prior month. Market expectation was for house […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK index of services advanced as expected in May In May, the index of services rose 0.30% in the UK, on a monthly basis, in line with market expectations. The index of services had risen 0.50% in the February-April 2016 period. UK […]