Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence index dropped in March In the UK, the consumer confidence index recorded a drop to a level of -9.00 in March, compared to market expectations of a drop to a level of -14.00. In the prior month, the index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US consumer sentiment index dropped in March In the US, the final consumer sentiment index registered a drop to a level of 89.10 in March, compared to a level of 101.00 in the prior month. BoC slashes its key interest rate, unveils […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE keeps interest rate unchanged The BoE, in its latest monetary policy meeting, unanimously kept its benchmark interest rate unchanged at 0.10% and maintained the quantitative easing at £645.00 billion. Further, the BoE indicated that there is a risk of longer-term damage […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI climbed in February In the UK, the consumer price index (CPI) climbed 0.40% on a MoM basis in February. The CPI had fallen 0.30% in the previous month. German Ifo business expectations index dropped in March In German, the final […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI declined in March In the UK, the flash services PMI fell to a level of 35.70 in March, compared to a reading of 53.20 in the previous month. Markets were anticipating the services PMI to fall to a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone consumer confidence index declined in March In the Euro-zone, the flash consumer confidence index dropped to a level of -11.60 in March, compared to a level of -6.60 in the previous month. US Chicago Fed national activity index advanced in February […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing posted a surplus in February In the UK, public sector net borrowing posted a surplus of £0.40 billion in February, following a surplus of £12.40 billion in the prior month. Market expectations were for public sector net […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE cuts its key interest rate to limit the economic fallout from the Covid-19 pandemic The BoE, in a surprise move, lowered its benchmark interest rate by 15bps to 0.10% and announced that it would make additional bond purchases worth £200.0 billion, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone CPI rose in February In the Eurozone, the consumer price index (CPI) rose 1.2% on a YoY basis in February. In the prior month, the CPI had recorded a rise of 1.4%. US housing starts declined in February In the US, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate rose in the November-January 2020 period In the UK, the ILO unemployment rate rose to 3.9% during the three months to January, from 3.8% during the three months to December. Euro-zone economic sentiment index declined in March In […]