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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK BBA mortgage approvals surprisingly rose in April
In the UK, BBA mortgage approvals registered an unexpected rise to a level of 42.99 K in April, compared to market expectations of a fall to a reading of 39.52 K. BBA mortgage approvals had recorded a revised level of 40.56 K in the prior month.
Euro-zone consumer confidence index rose in May
In the Euro-zone, the final consumer confidence index recorded a rise to a level of -6.50 in May, compared to a revised reading of -7.30 in the prior month. Markets were expecting the consumer confidence index to advance to a level of -6.50.
Euro-zone economic sentiment indicator rose in May
In the Euro-zone, the economic sentiment indicator rose to a level of 103.80 in May, lower than market expectations of a rise to 104.00. In the prior month, the economic sentiment indicator had recorded a revised level of 103.60.
US consumer confidence index advanced in May
In the US, the consumer confidence index recorded a rise to a level of 134.10 in May, compared to market expectations of a rise to a level of 130.00. In the previous month, the consumer confidence index had registered a level of 129.20.
US house price purchase index climbed in 1Q 2019
In the US, the house price purchase index rose 1.10% on a quarterly basis in 1Q 2019. In the previous quarter, the house price purchase index had advanced by a revised 1.20%.
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