Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German consumer confidence index dropped in December In Germany, the consumer confidence index dropped to a level of -6.70 in December, compared to a revised reading of -3.20 in the previous month. Market anticipations were for the consumer confidence index to drop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. FOMC minutes: concerns about rising Covid-19 cases remain Minutes of the US Federal Reserve’s (Fed) November monetary policy meeting indicated that policymakers expressed concerns about the rising coronavirus cases in the country and new restrictions imposed to contain the spread of the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German GDP rose more than expected in 3Q 2020 In Germany, final GDP rose 8.50% on a QoQ basis in 3Q 2020, compared to a fall of 9.80% in the previous quarter. Markets were anticipating GDP to advance 8.20%. German business climate […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI unexpectedly rose in November In the UK, the flash manufacturing PMI unexpectedly climbed to a level of 55.20 in November, compared to a reading of 53.70 in the prior month. Markets were expecting the manufacturing PMI to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales advanced in October In the UK, retail sales rose by 1.20% on a MoM basis in October, compared to a revised rise of 1.40% in the previous month. Markets were expecting retail sales to record a flat reading. Euro-zone […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone construction output fell in September In the Euro-zone, seasonally adjusted construction output fell 2.90% on a MoM basis in September, compared to a revised rise of 3.90% in the prior month. Euro-zone current account surplus widened in September In the Euro-zone, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI climbed more than expected in October In the UK, the consumer price index (CPI) advanced 0.70% on a YoY basis in October, compared to a rise of 0.50% in the previous month. Markets were expecting the CPI to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Andrew Bailey: Vaccine would be ‘a big step forward’ for the UK economy The Bank of England Governor, Andrew Bailey, has urged loosening financial policies to boost higher long term “productive investment” in the UK. Further, he stated that the development of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Rightmove house price index eased in November In the UK, the Rightmove house price index dropped 0.50% on a MoM basis in November, compared to a rise of 1.10% in the previous month. Euro-zone GDP climbed less than expected in 3Q […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Andrew Bailey: coronavirus vaccine reduced uncertainty Bank of England Governor, Andrew Bailey, in his latest speech, stated that the news of a possible Covid-19 vaccine was positive and would help reduce uncertainty about the country’s economic growth. UK GDP advanced less than […]