Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI dropped in September In the UK, the services PMI in dropped to a level of 49.50 in September, compared to a level of 50.60 in the prior month. Markets were anticipating the services PMI to drop to a reading […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly declined in September In the UK, the construction PMI dropped unexpectedly to a level of 43.30 in September, lower than market expectations of an unchanged reading. In the previous month, the construction PMI had registered a reading of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI advanced unexpectedly in September In the UK, the manufacturing PMI advanced unexpectedly to a level of 8.30 in September, compared to market expectations of a drop to a level of 47.00. In the previous month, the manufacturing PMI had […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK number of mortgage approvals for house purchases dropped in August In the UK, number of mortgage approvals for house purchases registered a drop to a level of 65.55 K in August, compared to a revised reading of 67.01 K in the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone consumer confidence index climbed in September In the Euro-zone, the final consumer confidence index recorded a rise to a level of -6.50 in September, compared to a level of -7.10 in the prior month. Market expectation was for the index to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals eased in August In the UK, BBA mortgage approvals registered a drop to a level in 42.58 K in August. In the previous month, BBA mortgage approvals had registered a revised reading of 43.30 K. UK CBI distributive […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing posted a deficit in August In the UK, the public sector net borrowing has reported a deficit of £5.77 billion in August, following a revised surplus of £1.47 billion in the previous month. Markets were expecting public […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Mario Draghi defends ECB Stimulus The European Central Bank (ECB) President, Mario Draghi, signalled that a series of public disagreement by the policymakers over the latest monetary stimulus could be harmful for the Euro-zone economy. Moreover, he stated that the recent data […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone consumer confidence index advanced in September In the Euro-zone, the preliminary consumer confidence index climbed to a level of -6.50 in September, compared to market expectations of an advance to a reading of -7.00. The index had recorded a reading of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. OECD trims its global growth outlook for 2019 and 2020 The Organisation for Economic Cooperation and Development (OECD) forecasted a slowdown in the global growth to 2.9% and 3.0% for 2019 and 2020, respectively, amid US-China trade war and Brexit chaos. Further, […]