Hot Features
Premium
Level up your trading with our powerful tools and real-time insights all in one place.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Halifax house price index unexpectedly dropped in December
On a MoM basis in the UK, the Halifax house price index recorded an unexpected drop of 0.60% in December, compared to market expectations for a rise of 0.20%. In the prior month, the Halifax house price index had recorded a revised rise of 0.30%.
UK Halifax house price index rose less than expected in the October-December 2017 period
On an annual basis, the Halifax house price index recorded a rise of 2.70% in the October-December 2017 period, in the UK, lower than market expectations for an advance of 3.30%. In the September-November 2017 period, the Halifax house price index had risen 3.90%.
UK retail sales across all sectors advanced more than expected in December
Retail sales across all sectors in the UK registered a rise of 0.60% on a YoY basis in December, more than market expectations for a rise of 0.30%. Retail sales across all sectors had registered a similar rise in the previous month.
Euro-zone retail sales advanced more than expected in November
The seasonally adjusted retail sales rose 2.80% on an annual basis in November, in the Euro-zone, higher than market expectations for a rise of 2.40%. In the previous month, retail sales had advanced by a revised 0.20%.
Euro-zone investor confidence index climbed in January
The investor confidence index recorded a rise to 32.90 in January, in the Euro-zone, compared to market expectations of an advance to a level of 31.30. The investor confidence index had registered a level of 31.10 in the prior month.
Euro-zone services sentiment indicator advanced in December
The services sentiment indicator recorded a rise to 18.40 in the Euro-zone, in December, compared to market expectations of a rise to 16.50. The services sentiment indicator had recorded a revised level of 16.40 in the previous month.
Euro-zone industrial confidence index rose in December
The industrial confidence index in the Euro-zone recorded a rise to 9.10 in December, compared to a revised reading of 8.10 in the prior month. Markets were expecting the industrial confidence index to advance to a level of 8.40.
Euro-zone consumer confidence index climbed in December
In December, the final consumer confidence index rose to a level of 0.50 in the Euro-zone, compared to a revised level of 0.00 in the previous month. Markets were anticipating the consumer confidence index to rise to 0.50. The preliminary figures had also indicated a rise to 0.50.
Euro-zone business climate indicator advanced in December
In December, the business climate indicator registered a rise to 1.66 in the Euro-zone, higher than market expectations of a rise to a level of 1.50. In the prior month, the business climate indicator had registered a reading of 1.49.
Euro-zone retail sales rose more than expected in November
The seasonally adjusted retail sales recorded a rise of 1.50% in the Euro-zone on a MoM basis in November, compared to a fall of 1.10% in the prior month. Market expectation was for retail sales to rise 1.30%.
Euro-zone economic sentiment indicator climbed in December
The economic sentiment indicator registered a rise to 116.00 in the Euro-zone, in December, compared to a level of 114.60 in the prior month. Market expectation was for the economic sentiment indicator to rise to 114.80.
German factory orders advanced more than expected in November
In November, the non-seasonally adjusted factory orders registered a rise of 8.70% in Germany on a YoY basis, higher than market expectations for an advance of 7.80%. In the previous month, factory orders had risen by a revised 7.20%.
German factory orders unexpectedly eased in November
In Germany, the seasonally adjusted factory orders registered an unexpected drop of 0.40% on a MoM basis in November, compared to a revised advance of 0.70% in the prior month. Market expectation was for factory orders to record an unchanged reading.
Swiss EU HICP rose in December
In Switzerland, the EU harmonised consumer price index (HICP) advanced 1.10% on an annual basis, in December. The EU HICP had recorded a rise of 0.80% in the prior month.
Swiss EU HICP advanced in December
On a monthly basis, the EU HICP in Switzerland advanced 0.20% in December. In the previous month, the EU HICP had registered a drop of 0.30%.
Swiss CPI remained flat in December
On a MoM basis, the consumer price index (CPI) remained flat in December, in Switzerland, higher than market expectations for a drop of 0.10%. The CPI had dropped 0.10% in the prior month.
Swiss CPI rose as expected in December
On a YoY basis, the CPI registered a rise of 0.80% in Switzerland, in December, meeting market expectations. The CPI had registered a similar rise in the previous month.
US consumer credit rose more than expected in November
Consumer credit recorded a rise of $27.95 billion in the US, in November, more than market expectations for a rise of $18.00 billion. In the prior month, consumer credit had recorded a revised rise of $20.53 billion.
Canada’s overall business lending conditions slid in 4Q 2017
Overall business lending conditions in Canada eased during the 4Q 2017, with the reading coming in at -6.40 from a reading of -0.50 in the previous quarter.
Canadian firms expecting sales to grow at a faster pace over the next 12 months declined in 4Q 2017
The difference between firms which expect sales to grow at a faster rate over the next 12 months versus those which expect a slowdown narrowed to 8.00% from 19.00% in the prior quarter.
Japanese labour cash earnings rose more than expected in November
On an annual basis, labour cash earnings in Japan recorded a rise of 0.90% in November, higher than market expectations for an advance of 0.60%. In the previous month, labour cash earnings had registered a rise of 0.60%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
