Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence index advanced in September In the UK, the consumer confidence index improved to a level of -25 in September, compared to a reading of -27 in the previous month. German Ifo business climate index rose less than expected in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped more than expected in September In the UK, the flash manufacturing PMI recorded a drop to a reading of 54.30 in September, compared to a level of 55.20 in the previous month. Markets were expecting the manufacturing PMI […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE Governor warns worsening Covid trend might hurt economy over economy Bank of England (BoE) Governor, Andrew Bailey, has warned that rising Covid-19 cases threatened the outlook for Britain’s economy but pushed back against speculation that the central bank could soon cut […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Jerome Powell: US economy will take time to recover completely The US Fed Chairman, Jerome Powell, in his speech, indicated that the US economy is improving but will take time to recover completely from the coronavirus pandemic. Powell stated that many economic […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales climbed more than expected in August In the UK, retail sales rose 0.80% on a MoM basis in August, compared to by a revised rise of 3.70% in the prior month. Markets were expecting retail sales to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE keeps interest rate decision and bond buying programme steady The BoE, in its latest monetary policy decision, kept its benchmark interest rate unchanged at 0.10% and maintained its bond buying programme at £745 billion, as widely expected. However, the policymakers indicated […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI unexpectedly rose in August In the UK, the consumer price index (CPI) rose 0.20% on a YoY basis in August, compared to a rise of 1.00% in the prior month. Markets were expecting the CPI to record a flat reading. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK unemployment rate rose in July In the UK, unemployment rate registered a rise to 4.10% in July, in line with market expectations and compared to a rate of 3.90% in the prior month. UK average earnings including bonus fell less than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone industrial production advanced more than expected in July In the Euro-zone, seasonally adjusted industrial production advanced 4.10% on a MoM basis in July, compared to a revised rise of 9.50% in the prior month. Markets were expecting industrial production to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose less than expected in July In the UK, GDP registered a rise of 6.60% on a MoM basis in July, compared to a rise of 8.70% in the previous month. Markets were expecting GDP to record an advance of […]