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 construction output advanced less than expected in April
On a MoM basis, construction output in the UK rose 0.50%, lower than market expectations for a rise of 2.00%. In the previous month, construction output had registered a drop of 2.30%.
UK industrial production unexpected declined in April
In April, industrial production registered an unexpected drop of 0.80% in the UK on a MoM basis, compared to an advance of 0.10% in the prior month. Markets were expecting industrial production to climb 0.10%.
UK manufacturing production unexpectedly dropped in April
On a MoM basis, in the UK, manufacturing production unexpectedly eased 1.40% in April, less than market expectations for an advance of 0.30%. In the previous month, manufacturing production had recorded a drop of 0.10%.
UK trade deficit widened in April
The non-EU trade deficit in the UK expanded to £5.37 billion in April, following a revised trade deficit of £3.79 billion in the prior month. Market anticipation was for the nation to register a trade deficit of £3.20 billion.
Japanese machine tool orders climbed in May
On a YoY basis, the flash machine tool orders climbed 14.90% in May, in Japan. Machine tool orders had recorded a rise of 22.00% in the previous month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
