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 GDP rose more than expected in 1Q 2018
On a QoQ basis, the final gross domestic product (GDP) in the UK registered a rise of 0.20% in 1Q 2018, compared to a rise of 0.40% in the previous quarter. The preliminary figure had recorded an advance of 0.10%.
UK net consumer credit advanced less than expected in May
Net consumer credit in the UK recorded a rise of £1.40 billion in May, lower than market expectations for an advance of £1.50 billion. In the previous month, net consumer credit had advanced £1.80 billion.
UK number of mortgage approvals for house purchases surprisingly rose in May
In the UK, number of mortgage approvals for house purchases rose unexpectedly to a level of 64.50 K in May, higher than market expectations of a drop to 62.30 K. In the prior month, number of mortgage approvals for house purchases had registered a revised reading of 62.90 K.
Euro-zone CPI advanced as expected in June
The preliminary consumer price index (CPI) climbed 2.00% on a YoY basis in the Euro-zone, in June, compared to a rise of 1.90% in the prior month. Markets were expecting the CPI to rise 2.00%.
US Reuters/Michigan consumer sentiment index climbed in June
In the US, the final Reuters/Michigan consumer sentiment index climbed to 98.20 in June, compared to a reading of 98.00 in the prior month. Market anticipation was for the index to advance to 99.00.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
