Guardian Stockbrokers Key Economic News Tuesday 13 April 2021

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


UK retail sales across all sectors advanced in March

In the UK, retail sales across all sectors jumped 20.30% on a YoY basis in March, compared to a rise of 9.50% in the prior month.

Euro-zone retail sales advanced more than expected in February

In the Euro-zone, the seasonally adjusted retail sales rose 3.00% on a MoM basis in February, compared to a revised fall of 5.20% in the prior month. Markets were expecting the retail sales to rise 1.50%.

US budget deficit expanded in March

In the US, budget deficit widened to $660.00 billion in March, compared to a deficit of $311.00 billion in the prior month. Market expectations were for a deficit of $265.00 billion.

Australia’s business confidence index fell in March

In Australia, the business confidence index fell to a level of 15.00 in March, compared to a revised level of 18.00 in the previous month.

Australia’s business conditions index climbed in March

In Australia, the business conditions index rose to a level of 25.00 in March, compared to a revised reading of 17.00 in the previous month.

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