Guardian Stockbrokers Key Economic News Thursday 13 December 2018

The key points from today’s economic news, brought to you by Guardian Stockbrokers.

UK house price balance unexpectedly dropped in November

House price balance in the UK registered an unexpected drop to 11.00% in November, compared to a revised reading of 10.00% in the previous month. Markets were anticipating house price balance to record a steady reading.

Euro-zone industrial production rose more than expected in October

In the Euro-zone, the seasonally adjusted industrial production recorded a rise of 0.20% on a monthly basis, in October, higher than market expectations for an advance of 0.10%. In the previous month, industrial production had registered a revised drop of 0.60%.

US mortgage applications rose in the last week

Mortgage applications in the US registered a rise of 1.60% in the week ended 07 December 2018 on a weekly basis. In the previous week, mortgage applications had advanced 2.00%.

US CPI remained unchanged in November

On a monthly basis, the consumer price index (CPI) in the US remained flat in November, compared to a rise of 0.30% in the previous month. Markets were anticipating the CPI to remain flat.

Canadian house price index fell in November

The house price index in Canada registered a drop of 0.30% on a monthly basis, in November. The index had dropped 0.40% in the previous month.

 

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Our Man In Rio

• 

  Quoted Data

• 

  ADVFN News Bulletin

• 

  Guardian Stockbrokers