Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone investor confidence improved in September In the Eurozone, the investor confidence index recorded a rise to -8.00, compared to a level of -13.40 in the prior month. Markets were expecting the index to advance to a level of -10.50. German industrial […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly dropped in August In the UK, the construction PMI registered an unexpected drop to a level of 54.60 in August, compared to a reading of 58.10 in the previous month. Markets were expecting the construction PMI to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI climbed less than expected in August In the UK, the final services PMI advanced to a level of 58.80 in August, compared to a reading of 56.50 in the prior month. Market expectations were for the services PMI to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices advanced more than expected in August In the UK, the seasonally adjusted house prices rose 2.00% on a MoM basis in August, more than market expectations for an advance of 0.50%. In the prior month, house prices had recorded […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI advanced in August In the UK, the final manufacturing PMI climbed to a reading of 55.20 in August, compared to a level of 53.30 in the prior month. Markets were expecting the manufacturing PMI to rise to a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German CPI unexpectedly dropped in August In Germany, the preliminary CPI unexpectedly fell 0.10% on a MoM basis in August, compared to a drop of 0.50% in the previous month. Markets were expecting the CPI to record a flat reading. US Dallas […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Jerome Powell announces new Fed approach to inflation US Fed Chairman, Jerome Powell, in his speech at the annual Jackson Hole, announced that the US central bank has shifted policy under which the central bank will allow inflation to run “moderately” above […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US durable goods orders rose more than expected in July In the US, the preliminary durable goods orders climbed 11.20% on a MoM basis in July, compared to a revised rise of 7.70% in the previous month. Market anticipations were for durable […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German GDP falls less than expected in 2Q 2020 In Germany, final GDP dropped 9.70% on a quarterly basis in 2Q 2020, compared to a revised drop of 2.00% in the previous quarter. Markets were expecting the GDP to record a fall […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US Chicago Fed National Activity Index dropped in July In the US, the Chicago Fed National Activity Index fell more than expected to a level of 1.18 in July, compared to a revised reading of 5.33 in the previous month. Click here […]