User Notice: The site will be occasionally unavailable due to scheduled maintenance this weekend. Please accept our apologies for any inconvenience.

Guardian Stockbrokers Key Economic News Tuesday 4 May 2021

Share On Facebook
share on Linkedin

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


Euro-zone’s manufacturing PMI rose less than anticipated in April

In the Euro-zone, the final manufacturing PMI rose to a reading of 62.90 in April, compared to a level of 62.50 in the prior month. Markets were expecting the manufacturing PMI to rise to a level of 63.30.

Germany’s manufacturing PMI dropped more than expected in April

In Germany, the final manufacturing PMI dropped to a level of 66.20 in April, compared to a reading of 66.60 in the prior month. Markets were expecting the manufacturing PMI to fall to a level of 66.40.

Germany’s retail sales advanced more than anticipated in March

In Germany, retail sales climbed 7.70% on a MoM basis in March, compared to a revised advance of 2.70% in the prior month. Market anticipations were for the retail sales to climb 3.00%.

US manufacturing index unexpectedly dropped in April

In the US, the manufacturing index unexpectedly fell to a level of 60.70 in April, compared to a reading of 64.70 in the prior month. Markets were expecting the manufacturing index to record a rise to a level of 65.00.

US construction spending rose less than expected in March

In the US, construction spending rose 0.20% on a MoM basis in March, compared to a revised drop of 0.60% in the previous month. Markets were expecting the construction spending to record an advance of 2.00%

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 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 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:

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

P: V: D:20210507 18:19:03