Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC like-for-like retail sales rose less than expected in June In the UK, the BRC like-for-like retail sales advanced 4.20% on a YoY basis in June, compared to a rise of 3.70% in the prior month. Markets were expecting retail sales […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house prices fell in June In the UK, the Halifax house prices dropped 0.10% on a MoM basis in June, compared to a revised fall of 0.20% in the previous month. German industrial production unexpectedly dropped in May In Germany, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone retail sales remained flat in May In the Euro-zone, retail sales remained flat on a MoM basis in May, compared to a similar reading in the previous month. Markets were expecting retail sales to rise 0.20%. German factory orders rose more […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK S&P Global/CIPS services PMI dropped as expected in June In the UK, the S&P Global/CIPS services PMI fell to 53.70 in June, at par with market expectations and compared to a level of 55.20 in the previous month. Euro-zone HCOB services […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German trade surplus unexpectedly narrowed in May In Germany, trade surplus unexpectedly narrowed to €14.40 billion in May, compared to a surplus of €16.50 billion in the previous month. Japan Jibun Bank services PMI dropped more than anticipated in June In Japan, […]

London open: Stocks flat; housebuilders hit by JPM note London stocks were steady in early trade on Tuesday, with the session likely to be fairly quiet as US markets will be closed for Independence Day, and as investors mulled news of China’s export restrictions on metals. At 0855 BST, the FTSE 100 was flat at […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK S&P Global/CIPS manufacturing PMI declined less than expected in June In the UK, the S&P Global/CIPS manufacturing PMI dropped to 46.50 in June, compared to a level of 47.10 in the previous month. Markets were expecting the PMI to rise to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK current account deficit widened more than expected in 1Q23 In the UK, current account deficit widened to £10.76 billion in 1Q23, compared to a revised deficit of £2.48 billion in the prior quarter. Markets were expecting current account deficit to widen […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone business climate index fell in June In the Euro-zone, the business climate index fell to 0.06 in June, compared to a level of 0.19 in the previous month. Euro-zone consumer confidence index rose as expected in June In the Euro-zone, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German GfK consumer confidence index unexpectedly fell in July In Germany, the GfK consumer confidence index unexpectedly dropped to -25.40 in July, compared to a revised level of -24.40 in the previous month. US MBA mortgage applications rose in the week ended […]