Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE’s Carney: Interest rates to rise in ‘relatively near term’ The Bank of England (BoE) Governor, Mark Carney, stated that interest rates were likely to rise in “relatively near term” if the British economy continues to show signs of strengthening. Further, Carney […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Mark Carney: BoE can’t be expected to nullify Brexit hit The Bank of England (BoE) Governor, Mark Carney, suggested that the central bank has limited means to mitigate the damage from Brexit, although it could influence how that hit is spread across […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance rose in September The CBI distributive trade survey’s retail sales balance rose to a level of 42.00% in September, in the UK, compared to market expectations of a rise to a level of 8.00%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals advanced in August BBA mortgage approvals recorded a rise to 41.81 K in the UK, in August, compared to market expectations of an advance to 41.70 K. BBA mortgage approvals had recorded a revised level of 41.64 K […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB’s Draghi warned against hasty policy moves The European Central Bank (ECB) President, Mario Draghi, expressed confidence that inflation is likely to pick up and reach the central bank’s target, but warned that monetary policy stimulus is required to achieve the target […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Brexit: Theresa May seeks two-year implementation period The British Prime Minister, Theresa May, called for a two-year transition period after its planned exit in 2019, in which Britain would largely maintain its current ties in the European Union’s single market. May also […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net cash requirement posted a surplus in August In the UK, public finances (public sector net cash requirement) has reported a surplus £0.00 billion in August, as compared to a revised surplus of £3.70 billion in the prior month. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales ex-fuel advanced more than expected in August In August, on a MoM basis, retail sales ex-fuel climbed 1.00% in the UK, more than market expectations for an advance of 0.10%. Retail sales ex-fuel had recorded a revised rise of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE’s Carney signalled gradual rate hikes, warned about Brexit pushing up inflation The Bank of England (BoE) Governor, Mark Carney, indicated that any prospective increases in interest rate would be at a gradual pace and to a limited extent. He also added […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Rightmove house price index rose in September The Rightmove house price index in the UK advanced 1.10% in September on a YoY basis. In the prior month, the Rightmove house price index had registered a rise of 3.10%. UK Rightmove house […]