Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house prices fell in July In the UK, the Halifax house prices dropped 0.30% on a MoM basis in July, compared to a fall of 0.10% in the prior month. UK BRC like-for-like retail sales rose in July In the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone retail sales unexpectedly fell in June In the Euro-zone, retail sales unexpectedly dropped 0.30% on a MoM basis in June, compared to a revised rise of 0.60% in the previous month. German factory orders unexpectedly rose in June In Germany, factory […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE raises its key interest rate for the 14th time The Bank of England (BoE), at its July monetary policy meeting, raised its benchmark interest rate by 25 basis points to 5.25%, reaching its the highest level since 2008, and indicated that […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US MBA mortgage applications dropped in the week ended 28 July 2023 In the US, the MBA mortgage applications fell 3.00% in the week ended 28 July 2023, compared to a fall of 1.80% in the previous week. US private sector employment […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Nationwide housing prices dropped as expected in July In the UK, the Nationwide housing prices fell 0.20% on a MoM basis in July, at par with market expectations and compared to a rise of 0.10% in the prior month. UK S&P […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC shop price index advanced in June In the UK, the BRC shop price index advanced to 7.60% on a YoY basis in June, compared to a rise of 8.40% in the previous month. Euro-zone GDP grew more than anticipated in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone business climate index dropped in July In the Euro-zone, the business climate index fell to -0.09 in July, compared to a level of 0.06 in the prior month. Euro-zone consumer confidence index rose as expected in July In the Euro-zone, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB raises its key interest rate The European Central Bank (ECB), in its July monetary policy meeting, raised its benchmark interest rate by 25 basis points to 3.75%, reaching its highest level in 23 years, but raised the possibility for a pause […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US MBA mortgage applications fell in the week ended 21 July 2023 In the US, the MBA mortgage applications dropped 1.80% in the week ended 21 July 2023, compared to a rise of 1.10% in the previous week. US new home sales […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German Ifo business climate index fell more than anticipated in July In Germany, the Ifo business climate index dropped to 87.30 in July, compared to a revised level of 88.60 in the prior month. Markets were expecting the index to drop to […]