Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI advanced in August In the UK, the final manufacturing PMI climbed to a reading of 55.20 in August, compared to a level of 53.30 in the prior month. Markets were expecting the manufacturing PMI to rise to a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German CPI unexpectedly dropped in August In Germany, the preliminary CPI unexpectedly fell 0.10% on a MoM basis in August, compared to a drop of 0.50% in the previous month. Markets were expecting the CPI to record a flat reading. US Dallas […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Jerome Powell announces new Fed approach to inflation US Fed Chairman, Jerome Powell, in his speech at the annual Jackson Hole, announced that the US central bank has shifted policy under which the central bank will allow inflation to run “moderately” above […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US durable goods orders rose more than expected in July In the US, the preliminary durable goods orders climbed 11.20% on a MoM basis in July, compared to a revised rise of 7.70% in the previous month. Market anticipations were for durable […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German GDP falls less than expected in 2Q 2020 In Germany, final GDP dropped 9.70% on a quarterly basis in 2Q 2020, compared to a revised drop of 2.00% in the previous quarter. Markets were expecting the GDP to record a fall […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US Chicago Fed National Activity Index dropped in July In the US, the Chicago Fed National Activity Index fell more than expected to a level of 1.18 in July, compared to a revised reading of 5.33 in the previous month. Click here […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales advanced more than expected in July In the UK, retail sales rose 3.60% on a MoM basis in July, compared to a rise of 13.90% in the prior month. Markets were expecting retail sales to record a rise of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence remained flat in August In the UK, the flash consumer confidence remained unchanged at a reading of -27.00 in August. Market anticipations were for the consumer confidence to climb to -25.00. Euro-zone construction output rose in June In the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI climbed more than expected in July In the UK, the consumer price index (CPI) recorded a rise of 1.00% on a YoY basis in July, compared to a rise of 0.60% in the prior month. Markets were expecting the CPI […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US housing starts rose in July In the US, housing starts surged 22.60% on a MoM basis in July, compared to a revised rise of 17.50% in the previous month. US building permits rose in July In the US, building permits recorded […]