Hot Features
Premium
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK BBA mortgage approvals rose in September
In September, BBA mortgage approvals in the UK registered a rise to 38.25 K, compared to market expectations of an advance to a level of 37.35 K. In the prior month, BBA mortgage approvals had recorded a revised reading of 37.24 K.
German import price index advanced surprisingly in September
The import price index unexpectedly climbed 0.10% on a MoM basis in September, in Germany, higher than market expectations for an unchanged reading. In the previous month, the import price index had recorded a drop of 0.20%.
German consumer confidence index eased surprisingly in November
In November, the consumer confidence index in Germany fell unexpectedly to a level of 9.70, lower than market expectations of an unchanged reading. The consumer confidence index had registered a reading of 10.00 in the prior month.
German import price index declined less than expected in September
In September, the import price index dropped 1.80% in Germany on a YoY basis, compared to a fall of 2.60% in the prior month. Markets were anticipating the import price index to drop 1.90%.
French consumer confidence climbed in October
Compared to a reading of 97.00 in the prior month consumer confidence rose to a level of 98.00 in France, in October. Markets were expecting consumer confidence to climb to a level of 98.00.
Italian retail sales unexpectedly slid in August
In Italy, the non-seasonally adjusted retail sales registered an unexpected drop of 0.20% in August, on an annual basis, lower than market expectations for an advance of 0.50%. In the previous month, retail sales had registered a revised drop of 0.30%.
Italian retail sales surprisingly dropped in August
In August, the seasonally adjusted retail sales unexpectedly dropped 0.10% in Italy on a MoM basis, less than market expectations for a rise of 0.40%. Retail sales had recorded a revised drop of 0.20% in the prior month.
US new home sales advanced in September
New home sales registered a rise of 3.10%, on MoM basis, to a level of 593.00 K in September, in the US, compared to a revised reading of 575.00 K in the previous month. Markets were expecting new home sales to rise to 600.00 K.
US Markit services PMI rose in October
In the US, the flash Markit services PMI rose to a level of 54.80 in October, compared to market expectations of an advance to a level of 52.50. In the previous month, Markit services PMI had registered a level of 52.30.
US mortgage applications declined in the last week
In the US, mortgage applications registered a drop of 4.10% on a weekly basis, in the week ended 21 October 2016. Mortgage applications had advanced 0.60% in the prior week.
US Markit composite PMI recorded a rise in October
The preliminary Markit composite PMI in the US advanced to 54.90 in October. In the prior month, Markit composite PMI had recorded a reading of 52.30.
Foreign investors turned net sellers of Japanese bonds in the previous week
Foreign investors turned net sellers of ¥752.50 billion worth of Japanese bonds in the week ended 21 October 2016, from being net buyers of a revised ¥364.60 billion worth of Japanese bonds in the prior week.
Japanese investors turned net sellers of foreign stocks in the previous week
Japanese investors turned net sellers of ¥5.60 billion worth of foreign stocks in the week ended 21 October 2016, from being net buyers of a revised ¥139.50 billion worth of foreign stocks in the previous week.
Japanese investors remained net buyers of foreign bonds in the previous week
Japanese investors remained net buyers of ¥773.60 billion worth of foreign bonds in the week ended 21 October 2016, as compared to being net buyers of a revised ¥318.10 billion worth of foreign bonds in the previous week.
Foreign investors became net buyers of Japanese stocks in the previous week
Foreign investors remained net buyers of ¥85.30 billion worth of Japanese stocks in the week ended 21 October 2016, from being net buyers of a revised ¥70.00 billion worth of Japanese stocks in the prior week.
Japanese small business confidence index climbed in October
The small business confidence index in Japan recorded a rise to 48.30 in October. The small business confidence index had recorded a reading of 47.70 in the prior month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
