The key points from today’s economic news, brought to you by Guardian Stockbrokers.

UK consumer confidence advanced surprisingly in December
The consumer confidence registered an unexpected rise to a level of -7.00 in the UK, in December, compared to a reading of -8.00 in the previous month. Markets were expecting the consumer confidence to record a steady reading.
UK public sector net borrowing reported a deficit in November
In the UK, in November, the public sector net borrowing has posted a deficit £12.20 billion, from a deficit of £4.30 billion in the previous month. Market anticipation was for public sector net borrowing to post a deficit of £11.60 billion.
UK public sector net cash requirement posted a deficit in November
In the UK, public finances (public sector net cash requirement) has posted a deficit £13.53 billion in November, as compared to a revised surplus of £2.28 billion in the prior month.
UK public sector net borrowing recorded a deficit in November
The public sector net borrowing (excluding temporary effects of financial interventions) has reported a deficit £12.60 billion in November, in the UK, as compared to a deficit of £4.80 billion in the prior month. Market anticipation was for public sector net borrowing to report a deficit of £12.20 billion.
Euro-zone consumer confidence index climbed in December
The preliminary consumer confidence index in the Euro-zone rose to a level of -5.10 in December, compared to a reading of -6.10 in the prior month. Markets were expecting the consumer confidence index to climb to a level of -6.00.
French PPI recorded a rise in November
On a monthly basis, the producer price index (PPI) recorded a rise of 0.80% in France, in November. The PPI had advanced by a revised 0.90% in the previous month.
Italian annual wage inflation dropped in November
The annual wage inflation eased to 0.50% in November, in Italy, compared to a reading of 0.60% in the previous month.
Swiss M3 money supply advanced more than expected in November
M3 money supply advanced 2.00% on an annual basis in November, in Switzerland, compared to an advance of 2.90% in the prior month. Markets were anticipating M3 money supply to rise 1.90%.
US existing home sales unexpectedly climbed in November
Existing home sales in the US unexpectedly advanced by 0.70%, on MoM basis, to a level of 5.61 million in November, compared to market expectations of 5.50 million. In the previous month, existing home sales had registered a revised reading of 5.57 million.
US mortgage applications climbed in the last week
In the US, mortgage applications advanced 2.50% on a weekly basis, in the week ended 16 December 2016. Mortgage applications had dropped 4.00% in the prior week.
Foreign investors became net buyers of Japanese stocks in the previous week
Foreign investors were net buyers of ¥114.10 billion worth of Japanese stocks in the week ended 16 December 2016, as compared to being net buyers of a revised ¥277.20 billion worth of Japanese stocks in the previous week.
Foreign investors turned net sellers of Japanese bonds in the previous week
Foreign investors turned net sellers of ¥269.80 billion worth of Japanese bonds in the week ended 16 December 2016, from being net buyers of ¥731.00 billion worth of Japanese bonds in the previous week.
Japanese investors turned net sellers of foreign bonds in the previous week
Japanese investors turned net sellers of ¥216.70 billion worth of foreign bonds in the week ended 16 December 2016, as compared to being net buyers of a revised ¥272.60 billion worth of foreign bonds in the previous week.
Japanese all industry activity index rose more than expected in October
On a MoM basis in October, the all industry activity index registered a rise of 0.20% in Japan, higher than market expectations for a rise of 0.10%. In the previous month, the all industry activity index had recorded a revised unchanged reading.
Japanese supermarket sales recorded a rise in November
Supermarket sales advanced 0.80% on a YoY basis in Japan, in November. Supermarket sales had recorded a rise of 0.60% in the prior month.
Japanese investors remained net sellers of foreign stocks in the previous week
Japanese investors were net sellers of ¥56.30 billion worth of foreign stocks in the week ended 16 December 2016, from being net sellers of ¥61.30 billion worth of foreign stocks in the previous week.
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