Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB warns of a sharp contraction in the Euro-zone economy The European Central Bank (ECB), in its latest economic bulletin, indicated that the region’s economy could fall between 5.0% to 12.0% this year. Further, the central bank stated that extremely low oil […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP declined in March In the UK, the GDP dropped 5.80% on a MoM basis in March, compared to a fall of 0.2% in the previous month. Markets were expecting GDP to record a drop of 8.00%. UK industrial production fell […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors unexpectedly rose in April In the UK, retail sales across all sectors surprisingly advanced 5.70% on a YoY basis in April, compared to a drop of 3.50% in the prior month. Markets were expecting retail sales […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Chinese CPI climbed in April In China, the consumer price index (CPI) registered a rise of 3.30% on a YoY basis in April, compared to a rise of 4.30% in the prior month. Markets were anticipating the consumer price index to advance […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE holds interest rate steady, warns of significant economic contraction in 2020 The Bank of England (BoE), in its latest monetary policy meeting, kept its benchmark interest rate unchanged at 0.10%, as widely expected. However, the central bank warned that it expects […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI dropped in April In the UK, the construction PMI recorded a drop to a level of 8.20 in April, compared to a reading of 39.30 in the prior month. Markets were anticipating the construction PMI to ease to 22.00. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI dropped in April In the UK, the final services PMI registered a drop to a level of 13.40 in April, compared to a reading of 34.50 in the previous month. Markets were expecting the services PMI to drop to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone manufacturing PMI unexpectedly dropped in April In the Euro-zone, the final manufacturing PMI unexpectedly eased to a level of 33.40 in April, compared to a reading of 44.50 in the prior month. Markets were anticipating the manufacturing PMI to advance to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped in April In the UK, the final manufacturing PMI registered a drop to a reading of 32.60 in April, compared to a level of 47.80 in the previous month. Markets were anticipating the manufacturing PMI to drop to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB holds interest rate steady The European Central Bank (ECB), in its latest monetary policy meeting, kept its key interest rates unchanged at 0.00%. However, the central bank said that it was ready to increase its coronavirus stimulus program if needed, amid […]