Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK official reserves registered a rise in February
In the UK, official reserves registered a rise of $1362.00 million in February. Official reserves had registered a rise of $527.00 million in the prior month.
UK services PMI eased in February
In February, the services PMI in the UK recorded a drop to 52.70, compared to a reading of 55.60 in the prior month. Markets were expecting the services PMI to fall to a level of 55.10.
UK Halifax house price index advanced less than expected in the December-February 2016 period
The Halifax house price index climbed 9.70% on an annual basis in the UK in the December-February 2016 period, less than market expectations for a rise of 10.40%. In the November-January 2016 period, the Halifax house price index had registered a similar rise.
UK Halifax house price index surprisingly fell in February
The Halifax house price index in the UK unexpectedly eased 1.40% in February on a MoM basis, compared to a rise of 1.70% in the prior month. Markets were expecting the Halifax house price index to record a flat reading.
UK house prices rose less than expected in February
The non-seasonally adjusted house prices rose 4.80% on an annual basis in the UK, in February, compared to a rise of 4.40% in the prior month. Markets were expecting house prices to rise 4.90%.
UK house prices rose less than expected in February
In February, the seasonally adjusted house prices in the UK rose 0.30% on a monthly basis, lower than market expectations for a rise of 0.40%. House prices had registered a similar rise in the prior month.
Euro-zone services PMI fell in February
Compared to a level of 53.60 in the prior month, the final services PMI registered a drop to 53.30 in February, in the Euro-zone. Markets were expecting services PMI to ease to 53.00. The preliminary figures had recorded a drop to 53.00.
Euro-zone composite PMI dropped in February
The final composite PMI dropped to 53.00 in the Euro-zone, in February, compared to market expectations of a fall to 52.70. The preliminary figures had indicated a drop to 52.70. In the prior month, composite PMI had registered a level of 53.60.
Euro-zone retail sales advanced more than expected in January
In January, on a MoM basis, the seasonally adjusted retail sales in the Euro-zone recorded a rise of 0.40%, higher than market expectations for a rise of 0.10%. Retail sales had recorded a revised rise of 0.60% in the prior month.
German services PMI advanced in February
The final services PMI recorded a rise to 55.30 in Germany, in February, compared to market expectations of an advance to a level of 55.10. Services PMI had registered a reading of 55.00 in the previous month. The preliminary figures had indicated an advance to 55.10.
French ILO unemployment rate fell surprisingly in 4Q 2015
Compared to a revised level of 10.40% in the previous quarter, the ILO unemployment rate dropped unexpectedly to 10.30% in France, in 4Q 2015. Markets were anticipating ILO unemployment rate to advance to 10.50%.
French services PMI dropped in February
The final services PMI in France dropped to 49.20 in February, lower than market expectations of a fall to a level of 49.80. The preliminary figures had indicated a fall to 49.80. In the prior month, services PMI had recorded a reading of 50.30.
Italian services PMI rose surprisingly in February
In Italy, the services PMI advanced unexpectedly to a level of 53.80 in February, compared to a level of 53.60 in the previous month. Market anticipation was for the services PMI to ease to a level of 52.80.
Spanish services PMI recorded a drop in February
In February, the services PMI in Spain eased to 54.10, compared to a level of 54.60 in the prior month. Market anticipation was for the services PMI to ease to 54.00.
US durable goods orders (ex transportation) registered a rise in January
In January, on a monthly basis, the final durable goods orders (ex transportation) in the US rose 1.70%. Durable goods orders (ex transportation) had fallen by a revised 0.70% in the prior month. The preliminary figures had indicated a rise of 1.80%.
US non-defense capital goods shipments (ex aircraft) eased in January
On a MoM basis, the final non-defense capital goods shipments (ex aircraft) in the US registered a drop of 0.40% in January. In the prior month, the non-defense capital goods shipments (ex aircraft) had registered a revised rise of 0.90%. The preliminary figures had also recorded a fall of 0.40%.
US continuing jobless claims advanced unexpectedly in the last week
In the week ended 20 February 2016, the seasonally adjusted continuing jobless claims in the US climbed unexpectedly to 2257.00 K, compared to a revised reading of 2254.00 K in the prior week. Market anticipation was for continuing jobless claims to ease to 2250.00 K.
US non-farm business productivity declined less than expected in 4Q 2015
On a QoQ basis, in 4Q 2015, the final non-farm business productivity recorded a drop of 2.20% in the US, compared to a revised rise of 2.10% in the prior quarter. The preliminary figures had indicated a fall of 3.00%. Markets were expecting the non-farm business productivity to ease 2.90%.
US non-manufacturing PMI declined in February
The non-manufacturing PMI recorded a drop to 53.40 in February, in the US, compared to market expectations of a drop to a level of 53.10. The non-manufacturing PMI had registered a level of 53.50 in the previous month.
US non-defense capital goods orders (ex aircraft) rose in January
The final non-defense capital goods orders (ex aircraft) climbed 3.40% in the US on a MoM basis, in January. In the previous month, the non-defense capital goods orders (ex aircraft) had recorded a revised drop of 3.70%. The preliminary figures had recorded a rise of 3.90%.
US unit labour costs in non-farm businesses advanced less than expected in 4Q 2015
The final unit labour costs in non-farm businesses in the US climbed 3.30% on a quarterly basis in 4Q 2015, compared to a revised rise of 1.90% in the prior quarter. The preliminary figures had recorded an advance of 4.50%. Markets were anticipating the unit labour costs in non-farm businesses to climb 4.30%.
US factory orders rose less than expected in January
Factory orders recorded a rise of 1.60% on a MoM basis in January, in the US, compared to a fall of 2.90% in the prior month. Markets were anticipating factory orders to climb 2.10%.
US Markit services PMI eased in February
In February, the final Markit services PMI in the US recorded a drop to 49.70, compared to market expectations of a drop to 50.00. In the previous month, Markit services PMI had recorded a reading of 53.20. The preliminary figures had indicated a fall to 49.80.
US durable goods orders climbed in January
In the US, the final durable goods orders advanced 4.70% on a monthly basis, in January. In the previous month, durable goods orders had registered a revised drop of 4.60%. The preliminary figures had indicated an advance of 4.90%.
US initial jobless claims advanced surprisingly in the last week
Compared to a reading of 272.00 K in the previous week the seasonally adjusted initial jobless claims climbed unexpectedly to a level of 278.00 K in the week ended 27 February 2016, in the US. Markets were expecting initial jobless claims to fall to a level of 270.00 K.
US Markit composite PMI registered a drop in February
In the US, the final Markit composite PMI fell to a level of 50.00 in February, compared to a level of 53.20 in the prior month. The preliminary figures had recorded a drop to 50.10.
Japanese Markit composite PMI fell in February
Markit composite PMI fell to a level of 51.00 in Japan, in February, compared to a reading of 52.60 in the prior month.
Japanese labour cash earnings rose as expected in January
On a YoY basis, labour cash earnings advanced 0.40% in Japan, in January, compared to a revised unchanged reading in the prior month. Market expectation was for labour cash earnings to advance 0.40%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
