Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US NY Empire State manufacturing index unexpectedly dropped in March In the US, the NY Empire State manufacturing index unexpectedly dropped to a level of -21.50 in March, compared to a level of 12.90 in the previous month. RBA minutes: Officials ready […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE minutes: BoE officials favour interest rate cut, if required Minutes of the BoE’s latest meeting showed that it has options to cut interest rates further and elevate asset purchases to help lessen the economic shock of the coronavirus outbreak. Moreover, officials […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB keeps its interest rate on hold, announces stimulus measures to fight coronavirus impact The ECB, in its latest monetary policy decision, kept its interest rate unchanged at 0.00%, despite market expectations for a reduction amid the ongoing coronavirus outbreak. However, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE cuts its key interest rate to combat coronavirus impact The BoE, in its interest rate decision, in a surprise move, lowered its key interest rate by 50 basis points from 0.75% to 0.25%, unanimously and warned that the coronavirus would bring […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone GDP rose in 4Q 2019 In the Euro-zone, the seasonally adjusted final gross domestic product (GDP) climbed 0.10% on a QoQ basis in 4Q 2019, compared to a revised rise of 0.30% in prior quarter. Australian Westpac consumer confidence dropped in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors dropped more than expected in February In the UK, retail sales across all sectors fell 0.40% on a YoY basis in February, compared to a flat reading in the prior month. Markets were anticipating retail sales […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index climbed more than expected in February In UK, the Halifax house price index recorded a rise of 0.30% on a MoM basis in February, more than market expectations for an advance of 0.20%. The index had advanced […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US durable goods orders dropped in January In the US, the final durable goods orders fell 0.20% on a MoM basis in January. Durable goods orders had risen by a revised 2.90% in the previous month. US factory orders fell more than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI dropped in February In the UK, the final services PMI fell to a level of 53.20 in February, compared to market expectations to a level of 53.30. The services PMI had recorded a reading of 53.30 in the prior […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI rose in February In the UK, the construction PMI advanced to a level of 52.6 in February, higher than market expectations of an advance to a level of 48.8. In the previous month, the construction PMI had registered a […]