Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP fell more than expected in April In the UK, gross domestic product (GDP) fell 20.40% on a MoM basis in April, compared to a drop of 5.80% in the previous month. Market expectations were for GDP to record a drop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US number of initial jobless claims fell in the last week In the US, number of initial jobless claims fell to a level of 1542.00 K in week ended 06 June 2020, compared to a revised level of 1897.00 K in prior […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. OECD forecasts global economy to contract 6.0% in 2020 The Organisation for Economic Cooperation and Development (OECD) forecasted that the global economy would contract 6.0% this year, recording the biggest peace time downturn in a century, while the global economy will grow […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone GDP declined less than expected in 1Q 2020 In the Euro-zone, the final gross domestic product (GDP) eased 3.60% on a QoQ basis in 1Q 2020, compared to a rise of 0.10% in the previous quarter. Markets were expecting GDP to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors rose in May In the UK, retail sales across all sectors registered a rise of 7.90% on an annual basis in May. Retail sales across all sectors had advanced 5.70% in the previous month. Euro-zone investor […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price index dropped in May In the UK, the house price index eased 0.20% on a MoM basis in May, compared to a drop of 0.60% in the previous month. Markets were expecting the house price index to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence dropped in May In the UK, the final consumer confidence registered a drop to a level of -36.00 in May, compared to a reading of -33.00 in the previous month. Markets were expecting the consumer confidence to a fall […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI advanced in May In the UK, the final services PMI advanced to a level of 29.00 in May, compared to a reading of 13.40 in the prior month. Market anticipation was for the services PMI to rise to 28.00. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Nationwide house prices declined in May In the UK, the seasonally adjusted Nationwide house prices registered a drop of 1.70% on a MoM basis in May, compared to a revised rise of 0.90% in the prior month. Markets were expecting the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI advanced in May In the UK, the final manufacturing PMI advanced to a level of 40.70 in May, compared to a level of 32.60 in the previous month. Markets were anticipating the manufacturing PMI to rise to 40.70. Euro-zone […]