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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK balance of firms reporting total order book above normal climbed in August
In the UK, the balance of firms reporting total order book above normal rose to a level of -13.00 in August, compared to market expectations of an advance to a level of -25.00. In the prior month, the balance of firms reporting total order book above normal had recorded a reading of -34.00.
Euro-zone construction output remained flat in June
In the Euro-zone, the seasonally adjusted construction output remained unchanged on a MoM basis in June. The construction output had dropped by a revised 0.50% in the previous month.
Canadian house price index rose in July
In Canada, the house price index climbed 0.70% on a MoM basis in July, compared to a rise of 0.80% in the previous month.
Canadian manufacturing sales fell less than expected in June
In Canada, manufacturing sales eased 1.20% on a MoM basis in June, compared to an advance of 1.60% in the prior month. Markets were expecting manufacturing sales to drop 1.80%.
Australian leading index rose in July
In Australia, the leading index recorded a rise of 0.10% on a MoM basis in July, compared to a drop of 0.08% in the prior month.
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