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.
Euro-zone investor confidence index surprisingly fell in May
In May, the investor confidence index eased unexpectedly to a level of 19.20 in the Euro-zone, lower than market expectations of an advance to 21.00. The investor confidence index had recorded a reading of 19.60 in the prior month.
German factory orders unexpectedly eased in March
The seasonally adjusted factory orders recorded an unexpected drop of 0.90% on a monthly basis in March, in Germany, compared to a revised drop of 0.20% in the prior month. Market expectation was for factory orders to climb 0.50%.
Swiss CPI advanced less than expected in April
On an annual basis, the consumer price index (CPI) advanced 0.80% in Switzerland, in April, compared to a similar rise in the previous month. Market anticipation was for the CPI to advance 0.90%.
US consumer credit rose less than expected in March
In the US, consumer credit rose $11.62 billion in March, compared to a revised rise of $13.64 billion in the previous month. Markets were expecting consumer credit to climb $16.00 billion.
China posted trade surplus in April
In April, trade surplus in China stood at $28.78 billion, following a trade deficit of $4.98 billion in the previous month. Markets were expecting the nation’s trade surplus to stand at $27.75 billion.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
