Hot Features
Premium
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK index of services advanced as expected in November
In November, the index of services registered a rise of 0.40% on a MoM basis in the UK, compared to a rise of 0.30% in the August-October 2017 period. Markets were anticipating the index of services to advance 0.40%.
UK GDP advanced more than expected in 4Q 2017
On an annual basis, the preliminary gross domestic product (GDP) rose 1.50% in 4Q 2017, in the UK, more than market expectations for a rise of 1.40%. GDP had advanced 1.70% in the prior quarter.
UK index of services rose more than expected in November
The index of services recorded a rise of 0.40% in the UK on a MoM basis in November, compared to an advance of 0.20% in the prior month. Markets were anticipating the index of services to climb 0.20%.
UK GDP rose more than expected in 4Q 2017
On a QoQ basis, the flash GDP in the UK registered a rise of 0.50% in 4Q 2017, more than market expectations for a rise of 0.40%. GDP had risen 0.40% in the prior quarter.
Euro-zone private sector loans advanced in December
Private sector loans in the Euro-zone rose 2.80% in December on an annual basis. In the previous month, private sector loans had registered a similar rise.
French business survey overall demand climbed in January
In January, business survey overall demand recorded a rise to 20.00 in France. In the previous month, business survey overall demand had recorded a revised level of 19.00.
French production outlook indicator rose in January
The production outlook indicator climbed to 34.00 in France, in January, compared to market expectations of an advance to a level of 31.00. The production outlook indicator had registered a reading of 30.00 in the prior month.
French industrial business climate index unexpectedly fell in January
In France, the industrial business climate index dropped unexpectedly to a level of 110.00 in January, compared to market expectations of a steady reading. The industrial business climate index had recorded a level of 112.00 in the prior month.
French consumer confidence surprisingly fell in January
In January, consumer confidence in France eased unexpectedly to 104.00, compared to a reading of 105.00 in the prior month. Market expectation was for consumer confidence to rise to a level of 106.00.
French own-company production outlook remained unchanged in January
Own-company production outlook in France remained unchanged at a level of 16.00 in January, in line with market expectations.
US durable goods orders (ex transportation) advanced as expected in December
The flash durable goods orders (ex transportation) in the US rose 0.60% in December on a monthly basis, compared to a drop of 0.10% in the previous month. Markets were expecting durable goods orders (ex transportation) to climb 0.60%.
US wholesale inventories rose less than expected in December
In December, the seasonally adjusted preliminary wholesale inventories in the US rose 0.20% on a MoM basis, compared to an advance of 0.80% in the prior month. Market anticipation was for the wholesale inventories to rise 0.40%.
US durable goods orders rose more than expected in December
In the US, the flash durable goods orders rose 2.90% on a MoM basis in December, higher than market expectations for an advance of 0.80%. In the prior month, durable goods orders had climbed 1.30%.
US GDP price index advanced more than expected in 4Q 2017
On a QoQ basis, the flash GDP price index climbed 2.40% in 4Q 2017, in the US, more than market expectations for an advance of 2.30%. In the previous quarter, the GDP price index had climbed 2.10%.
US non-defence capital goods shipments (ex aircraft) rose more than expected in December
On a MoM basis, in the US, the preliminary non-defence capital goods shipments (ex aircraft) advanced 0.60% in December, compared to a fall of 0.10% in the previous month. Markets were anticipating the non-defence capital goods shipments (ex aircraft) to rise 0.40%.
US non-defence capital goods orders (ex aircraft) unexpectedly eased in December
The flash non-defence capital goods orders (ex aircraft) in the US registered an unexpected drop of 0.30% on a MoM basis in December, compared to market expectations for a rise of 0.60%. The non-defence capital goods orders (ex aircraft) had fallen 0.20% in the previous month.
US annualised GDP advanced less than expected in 4Q 2017
In 4Q 2017, the flash annualised gross domestic product advanced 2.60% on a quarterly basis in the US, lower than market expectations for a rise of 3.00%. The annualised GDP had registered a rise of 3.20% in the prior quarter.
US personal consumption advanced more than expected in 4Q 2017
In 4Q 2017, the final personal consumption climbed 3.80% in the US on a QoQ basis, higher than market expectations for a rise of 3.70%. The preliminary figures had indicated an advance of 2.20%. In the previous quarter, personal consumption had climbed 2.20%.
US advance goods trade deficit rose in December
The US has posted advance goods trade deficit of $71.60 billion in December, following a revised advance goods trade deficit of $70.00 billion in the previous month. Market expectation was for an advance goods trade deficit of $68.90 billion.
US core personal consumption expenditure advanced as expected in 4Q 2017
In 4Q 2017, the flash core personal consumption expenditure registered a rise of 1.90% in the US on a QoQ basis, compared to a rise of 1.30% in the prior quarter. Markets were anticipating core personal consumption expenditure to rise 1.90%.
Canadian CPI advanced as expected in December
In December, on a YoY basis, the consumer price index (CPI) recorded a rise of 1.90% in Canada, compared to an advance of 2.10% in the prior month. Market anticipation was for the CPI to rise 1.90%.
Canadian CPI dropped in December
In December, the CPI fell, on monthly basis, to a level of 130.80 in Canada. The CPI had recorded a level of 131.30 in the previous month.
Canadian CPI fell more than expected in December
In Canada, the seasonally adjusted CPI eased 0.40% in December, on a MoM basis, higher than market expectations for a drop of 0.30%. In the previous month, CPI had registered a rise of 0.30%.
Canadian CPI surprisingly rose in December
In Canada, the CPI unexpectedly rose 0.30% in December, on a monthly basis, compared to market expectations for a fall of 0.30%. In the previous month, the CPI had registered a similar rise.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
