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 construction PMI fell in January
The construction PMI in the UK eased to 50.20 in January, compared to a level of 52.20 in the previous month. Markets were expecting the construction PMI to ease to a level of 52.00.
Euro-zone PPI advanced as expected in December
On a MoM basis, the producer price index (PPI) recorded a rise of 0.20% in the Euro-zone, in December, at par with market expectations. The PPI had advanced 0.60% in the previous month.
Euro-zone PPI rose less than expected in December
On a YoY basis in the Euro-zone, the PPI recorded a rise of 2.20% in December, lower than market expectations for a rise of 2.30%. The PPI had registered a rise of 2.80% in the prior month.
Italian CPI rose as expected in January
On a YoY basis in January, the flash consumer price index (CPI) recorded a rise of 0.80% in Italy, compared to a rise of 0.90% in the prior month. Markets were expecting the CPI to advance 0.80%.
Italian EU normalised CPI advanced more than expected in January
The flash EU normalised CPI rose 1.10% in Italy on a YoY basis in January, compared to a rise of 1.00% in the previous month. Markets were anticipating the EU normalised CPI to advance 0.80%.
Italian EU normalised CPI fell less than expected in January
In Italy, the preliminary EU normalised CPI dropped 1.60% in January on a MoM basis, lower than market expectations for a drop of 1.70%. In the previous month, the EU normalised CPI had recorded a rise of 0.30%.
Italian CPI advanced less than expected in January
In January, the preliminary CPI rose 0.20% on a MoM basis in Italy, less than market expectations for a rise of 0.30%. In the previous month, the CPI had advanced 0.40%.
Number of people unemployed in Spain climbed in January
In Spain, number of people unemployed climbed by 63.70 K in January, compared to a decline of 61.50 K in the previous month. Markets were anticipating number of people unemployed to rise 52.50 K.
US non-defence capital goods shipments (ex aircraft) rose in December
In the US, the final non-defence capital goods shipments (ex aircraft) registered a rise of 0.40% on a monthly basis, in December. In the previous month, the non-defence capital goods shipments (ex aircraft) had registered a revised similar rise. The preliminary figures had recorded a rise of 0.60%.
US Reuters/Michigan consumer sentiment index dropped in January
C final Reuters/Michigan consumer sentiment index registered a drop to 95.70 in the US, in January. The preliminary figures had recorded a fall to 94.40. Markets were expecting the Reuters/Michigan consumer sentiment index to ease to 95.00.
Manufacturing payrolls in the US increased in January
Manufacturing payrolls recorded an increase of 15.00 K in the US, in January, compared to market expectations of an advance of 20.00 K. Manufacturing payrolls had recorded a revised increase of 21.00 K in the previous month.
US underemployment rate rose in January
In January, underemployment rate advanced to 8.20% in the US, compared to a level of 8.10% in the prior month.
Private payrolls in the US increased in January
Private payrolls advanced by 196.00 K in the US, in January, more than market expectations of an advance of 181.00 K. Private payrolls had recorded a revised increase of 166.00 K in the previous month.
US factory orders rose more than expected in December
On a monthly basis, in the US, factory orders climbed 1.70% in December, higher than market expectations for a rise of 1.50%. In the prior month, factory orders had registered a revised similar rise.
US average hourly earnings of all employees advanced more than expected in January
Average hourly earnings of all employees recorded a rise of 0.30% on a MoM basis in January, in the US, higher than market expectations for an advance of 0.20%. In the previous month, average hourly earnings of all employees had climbed by a revised 0.40%.
US unemployment rate remained flat in January
Unemployment rate remained steady at a level of 4.10% in January, in the US, in line with market expectations.
US average weekly hours of all employees surprisingly eased in January
In January, average weekly hours of all employees registered an unexpected drop to a level of 34.30 in the US, compared to market expectations of a steady reading. In the prior month, average weekly hours of all employees had registered a reading of 34.50.
US durable goods orders (ex transportation) advanced in December
The final durable goods orders (ex transportation) registered a rise of 0.70% on a monthly basis, in December, in the US. Durable goods orders (ex transportation) had registered a revised rise of 0.30% in the prior month. The preliminary figures had indicated a rise of 0.60%.
US labour force participation rate steadied in January
The labour force participation rate in the US remained unchanged at 62.70 % in January.
US durable goods orders rose in December
The final durable goods orders in the US advanced 2.80% on a MoM basis, in December. In the prior month, durable goods orders had climbed by a revised 1.70%. The preliminary figures had recorded an advance of 2.90%.
US average hourly earnings of all employees rose more than expected in January
Average hourly earnings of all employees recorded a rise of 2.90% on an annual basis in January, in the US, higher than market expectations for an advance of 2.60%. In the prior month, average hourly earnings of all employees had recorded a revised rise of 2.70%.
Non-farm payrolls in the US rose in January
Non-farm payrolls in the US registered a rise of 200.00 K in January, following a revised advance of 160.00 K in the prior month. Market expectation was for non-farm payrolls to advance 180.00 K.
US non-defence capital goods orders (ex aircraft) dropped in December
On a MoM basis, the final non-defence capital goods orders (ex aircraft) in the US eased 0.60% in December. The non-defence capital goods orders (ex aircraft) had recorded a revised rise of 0.20% in the previous month. The preliminary figures had indicated a fall of 0.30%.
Japanese Nikkei Japan services PMI climbed in January
Nikkei Japan services PMI registered a rise to 51.90 in Japan, in January. Nikkei Japan services PMI had recorded a reading of 51.10 in the prior month.
Japanese Nikkei Japan composite PMI rose in January
Nikkei Japan composite PMI in Japan climbed to 52.80 in January. In the prior month, Nikkei Japan composite PMI had registered a level of 52.20.
Chinese Caixin composite PMI climbed in January
In January, the Caixin composite PMI in China registered a rise to 53.70. In the prior month, the Caixin composite PMI had registered a reading of 53.00.
Chinese Caixin/Markit services PMI index unexpectedly rose in January
In January, the Caixin/Markit services PMI index rose unexpectedly to 54.70 in China, compared market expectations of a fall to a level of 53.50. The Caixin/Markit services PMI index had recorded a reading of 53.90 in the previous month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
