Guardian Stockbrokers Key Economic News Wednesday 17 February 2021

Share On Facebook
share on Linkedin
Print

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

©

Euro-zone GDP dropped less than expected in 4Q 2020

In the Euro-zone, the seasonally adjusted second estimate of GDP registered a drop of 0.60% on a QoQ basis in 4Q 2020 compared to a revised rise of 12.40% in the previous quarter. Markets were expecting the GDP to record a decline of 0.7%.

Euro-zone economic sentiment index unexpectedly rose in February

In the Eurozone, the economic sentiment index recorded an unexpected rise to a level of 69.60 in February, compared to a level of 58.30 in the prior month. Markets were expecting the index to record a drop to 57.00.

German economic sentiment index unexpectedly advanced in February

In Germany, the economic sentiment index unexpectedly advanced to a level of 71.20 in February, compared to a reading of 61.80 in the prior month. Markets were expecting the index to record a fall to a level of 59.60

US NY Empire State manufacturing index advanced in February

In the US, the NY Empire State manufacturing index advanced to 12.10 in February, compared to a level of 3.50 in the previous month. Markets were expecting the index to record a rise to 6.00.

Australian Westpac leading index advanced in January

In Australia, the Westpac leading index recorded a rise of 0.26% on a MoM basis in January, compared to an advance of 0.12% 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.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210418 09:38:08