Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Jerome Powell: US economy will take time to recover completely The US Fed Chairman, Jerome Powell, in his speech, indicated that the US economy is improving but will take time to recover completely from the coronavirus pandemic. Powell stated that many economic […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales climbed more than expected in August In the UK, retail sales rose 0.80% on a MoM basis in August, compared to by a revised rise of 3.70% in the prior month. Markets were expecting retail sales to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE keeps interest rate decision and bond buying programme steady The BoE, in its latest monetary policy decision, kept its benchmark interest rate unchanged at 0.10% and maintained its bond buying programme at £745 billion, as widely expected. However, the policymakers indicated […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI unexpectedly rose in August In the UK, the consumer price index (CPI) rose 0.20% on a YoY basis in August, compared to a rise of 1.00% in the prior month. Markets were expecting the CPI to record a flat reading. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK unemployment rate rose in July In the UK, unemployment rate registered a rise to 4.10% in July, in line with market expectations and compared to a rate of 3.90% in the prior month. UK average earnings including bonus fell less than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone industrial production advanced more than expected in July In the Euro-zone, seasonally adjusted industrial production advanced 4.10% on a MoM basis in July, compared to a revised rise of 9.50% in the prior month. Markets were expecting industrial production to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose less than expected in July In the UK, GDP registered a rise of 6.60% on a MoM basis in July, compared to a rise of 8.70% in the previous month. Markets were expecting GDP to record an advance of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB kept its key interest rate unchanged The ECB, in its latest monetary policy meeting, kept its benchmark interest rate unchanged at 0%, as widely expected. Further, the ECB also maintained the current pace of its emergency stimulus measures and reiterated that […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance advanced in August In the UK, house price balance climbed to 44.00% in August, compared to a level of 12.00% in the prior month. US JOLTs job openings unexpectedly climbed in July In the US, the JOLTs job […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone GDP declined less than expected in 2Q 2020 In the Euro-zone, the seasonally adjusted final GDP slid 11.80% on a QoQ basis in 2Q 2020, compared to a revised fall of 3.70% in previous quarter. Markets were expecting GDP to fall […]