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Guardian Stockbrokers Key Economic News Tuesday 19 December 2017

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

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UK CBI trends selling prices rose in December

In December, CBI trends selling prices in the UK rose to a level of 23.00. CBI trends selling prices had recorded a reading of 17.00 in the previous month.

UK balance of firms reporting total order book above normal remained unchanged in December

The balance of firms reporting total order book above normal remained unchanged at 17.00 in the UK, in December, compared to market expectations of a drop to a level of 15.00.

Euro-zone core CPI advances as expected in November

On a YoY basis in the Euro-zone, the final core consumer price index (CPI) recorded a rise of 0.90% in November, meeting market expectations. The preliminary figures had also recorded an advance of 0.90%. The core CPI had registered a similar rise in the previous month.

Euro-zone CPI advanced as expected in November

On an annual basis, the final CPI rose 1.50% in November, in the Euro-zone, meeting market expectations. The preliminary figures had also recorded a rise of 1.50%. The CPI had advanced 1.40% in the previous month.

Euro-zone CPI advanced as expected in November

In November, the CPI advanced 0.10% on a MoM basis in the Euro-zone, compared to a similar rise in the previous month. Markets were expecting the CPI to rise 0.10%.

Italian trade surplus widened in October

Trade surplus in Italy rose to €4953.00 million in October. Italy had reported a trade surplus of €3990.00 million in the previous month.

Italian trade surplus rose in October

Italy has registered (non-EU countries) trade surplus of €4.29 billion in October, following a trade surplus of €3.52 billion in the previous month.

Italian trade surplus rose in October

Trade surplus (EU countries) in Italy expanded to €0.67 billion in October, from a trade surplus of €0.47 billion in the prior month.

US housing market index advanced in December

The housing market index rose to a level of 74.00 in December, in the US, compared to a revised reading of 69.00 in the previous month. Market expectation was for the housing market index to rise to a level of 70.00.

Canadian investors remained net buyers of foreign securities in the previous month

Canadian investors were net buyers of C$16.49 billion worth of foreign securities in October, from being net buyers of a revised C$1.75 billion worth of foreign securities in the previous month.

Foreign investors remained net buyers of Canadian securities in the previous month

Foreign investors remained net buyers of C$20.81 billion worth of Canadian securities in October, as compared to being net buyers of a revised C$16.69 billion worth of Canadian securities in the prior month.

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