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 services PMI recorded an unexpected rise in November
The services PMI rose unexpectedly to 55.20 in November, in the UK, compared to market expectations of a fall to 54.00. In the previous month, the services PMI had registered a level of 54.50.
UK retail sales across all sectors rose less than expected in November
In November, retail sales across all sectors registered a rise of 0.60% on an annual basis in the UK, lower than market expectations for a rise of 1.70%. Retail sales across all sectors had advanced 1.70% in the previous month.
UK official reserves registered a drop in November
In November, official reserves eased $1826.00 million in the UK. Official reserves had recorded a drop of $1156.00 million in the prior month.
UK new car registrations recorded a rise in November
On a YoY basis, new car registrations in the UK rose 2.90% in November. In the prior month, new car registrations had risen 1.40%.
Euro-zone investor confidence index declined unexpectedly in December
In December, the investor confidence index recorded an unexpected drop to 10.00 in the Euro-zone, compared to a reading of 13.10 in the previous month. Markets were anticipating the investor confidence index to climb to 14.30.
Euro-zone composite PMI climbed in November
In November, the final composite PMI climbed to 55.00 in the Euro-zone, compared to a reading of 53.30 in the previous month. Market expectation was for composite PMI to rise to a level of 54.10. The preliminary figures had indicated a rise to 54.10.
Euro-zone retail sales rose more than expected in October
On a monthly basis in October, the seasonally adjusted retail sales advanced 1.10% in the Euro-zone, more than market expectations for a rise of 0.80%. Retail sales had recorded a revised drop of 0.40% in the previous month.
Euro-zone services PMI climbed in November
In November, the final services PMI in the Euro-zone advanced to 53.80, compared to market expectations of a rise to 54.10. Services PMI had registered a reading of 52.80 in the prior month. The preliminary figures had recorded an advance to 54.10.
German services PMI advanced in November
Compared to a reading of 54.20 in the prior month the final services PMI registered a rise to 55.10 in November, in Germany. Market anticipation was for services PMI to climb to 55.00. The preliminary figures had indicated an advance to 55.00.
French services PMI rose in November
In November, the final services PMI advanced to 51.60 in France, compared to market expectations of a rise to a level of 52.60. The preliminary figures had recorded a rise to 52.60. In the prior month, services PMI had registered a reading of 51.40.
Italian services PMI recorded a rise in November
The services PMI in Italy climbed to 53.30 in November, compared to a reading of 51.00 in the prior month. Markets were anticipating the services PMI to advance to a level of 51.60.
Spanish services PMI advanced in November
In November, the services PMI in Spain registered a rise to 55.10, compared to a reading of 54.60 in the prior month. Markets were anticipating the services PMI to rise to 55.00.
Spanish calendar adjusted industrial output advanced less than expected in October
On an annual basis, the calendar adjusted industrial output climbed 0.50% in October, in Spain, less than market expectations for a rise of 1.40%. In the previous month, the calendar adjusted industrial output had climbed by a revised 0.60%.
US Markit composite PMI steadied in November
In November, the final Markit composite PMI remained flat at 54.90 in the US. The preliminary figures had also indicated a steady reading.
US Markit services PMI fell unexpectedly in November
The final Markit services PMI dropped unexpectedly to 54.60 in the US, in November, lower than market expectations of an advance to 54.90. In the previous month, Markit services PMI had registered a reading of 54.80. The preliminary figures had indicated a fall to 54.70.
US ISM non-manufacturing PMI recorded a rise in November
The non-manufacturing PMI in the US registered a rise to 57.20 in November, compared to a reading of 54.80 in the prior month. Market expectation was for the non-manufacturing PMI to climb to a level of 55.50.
Japanese consumer confidence index eased surprisingly in November
The consumer confidence index registered an unexpected drop to 40.90 in Japan, in November, compared to market expectations of a rise to a level of 42.80. The consumer confidence index had registered a reading of 42.30 in the previous month.
Japanese labour cash earnings advanced less than expected in October
In October, labour cash earnings in Japan climbed 0.10% on an annual basis, lower than market expectations for a rise of 0.20%. In the previous month, labour cash earnings had registered a revised flat reading.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
