Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. IMF trims global growth forecasts for 2019 and 2020 The International Monetary Fund (IMF), in its quarterly update on world economic outlook, slashed its global economic growth forecasts to 3.2% from 3.3% for 2019 and 3.5% from 3.6% for 2020, amid ongoing […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US Chicago Fed national activity index rose in June In the US, the Chicago Fed national activity index advanced to a level of -0.02 in June, compared to market expectations of a rise to a reading of 0.08. In the prior month, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing unexpectedly records deficit in June In the UK, the public sector net borrowing has unexpectedly reported a deficit of £6.50 billion in June, as compared to a revised deficit of £3.80 billion in the previous month. Market […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales rose more than expected in June In the UK, retail sales registered a rise of 3.80% on a YoY basis in June, more than market expectations for a rise of 2.60%. Retail sales had registered a revised rise of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI advanced as expected in June In the UK, the consumer price index (CPI) recorded a rise of 2.00% on a YoY basis in June, compared to a similar rise in the prior month. Market anticipation was for the CPI to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate remained unchanged in the March-May 2019 period In the UK, the ILO unemployment rate remained flat at a level of 3.80% in the March-May 2019 period, in line with market expectations. Euro-zone trade surplus widened in May In […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US NY Empire State manufacturing index rose in July In the US, the NY Empire State manufacturing index advanced to a level of 4.30 in July, compared to a reading of -8.60 in the previous month. Markets were anticipating the index to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Rightmove house price index fell in July In the UK, the Rightmove house price index dropped 0.20% on a MoM basis in July. The index had recorded a rise of 0.30% in the prior month. Euro-zone industrial production rose more than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE: No-deal Brexit might cause significant market turmoil The Bank of England (BoE), in its bi-annual Financial Stability Report, warned that the increasing possibility of a no-deal Brexit could cause massive disruption to the UK economy. Additionally, the report highlighted a gloomy […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP advanced more than expected in the March-May 2019 period In the UK, gross domestic product (GDP) recorded a rise of 0.30% on a MoM basis in the March-May 2019 period, higher than market expectations for an advance of 0.10%. In […]