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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Halifax house price index advanced more than expected in April
In the UK, the Halifax house price index registered a rise of 1.10% on a monthly basis, in April, compared to a drop of 1.60% in the previous month. Market anticipation was for the index to rise 0.10%.
German industrial production unexpectedly climbed in March
The seasonally adjusted industrial production in Germany unexpectedly climbed 0.50% in March on a monthly basis, more than market expectations for a fall of 0.50%. In the prior month, industrial production had advanced by a revised 0.40%.
Swiss unemployment rate remained steady in April
The seasonally adjusted unemployment rate in Switzerland remained unchanged at 2.40% in April, in line with market expectations.
US mortgage applications rose in the last week
On a weekly basis, mortgage applications in the US registered a rise of 2.70% in the week ended 03 May 2019. In the previous week, mortgage applications had dropped 4.30%.
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