Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone industrial production dropped more than expected in March In the Euro-zone, industrial production fell 4.10% on a MoM basis in March, compared to a rise of 1.50% in the previous month. Markets were expecting industrial production to drop 2.50%. US NY […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP grew as expected in 1Q23 In the UK, GDP grew 0.10% on a QoQ basis in 1Q23, at par with market expectations. UK industrial production rose more than anticipated in March In the UK, industrial production advanced 0.70% on a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE raises its key interest rate The BoE raised its key interest rate by 25 basis points to 4.50%, the highest level since late 2008. Moreover, the central bank signalled further tightening to contain inflation. US initial jobless claims rose more than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK RICS housing price balance index advanced more than anticipated in April In the UK, the RICS housing price balance index rose to -39.00% in April, compared to -43.00% in the previous month. Market anticipations were for the index to rise to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house prices unexpectedly dropped in April In the UK, the Halifax house price index unexpectedly fell 0.30% on a MoM basis in April, compared to a rise of 0.80% in the previous month. US NFIB business optimism index fell more […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC like-for-like retail sales rose in April In the UK, the BRC like-for-like retail sales advanced 5.20% on a YoY basis in April, compared to a rise of 4.90% in the prior month. Euro-zone investor confidence unexpectedly fell in May In […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK S&P Global/CIPS services PMI climbed more than expected in April In the UK, the S&P Global/CIPS services PMI rose to 55.90 in April, compared to a level of 52.90 in the previous month. Markets expecting the PMI to rise to 54.90. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone unemployment rate unexpectedly dropped in March In the Euro-zone, the unemployment rate unexpectedly fell to 6.50% in March, compared to 6.60% in the previous month. US MBA mortgage applications fell in the week ended 28 April 2023 In the US, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Nationwide housing prices unexpectedly rose in April In the UK, the Nationwide housing prices unexpectedly advanced 0.50% on a MoM basis in April, compared to a revised fall of 0.70% in the prior month. UK S&P Global/CIPS manufacturing PMI fell less […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone gross domestic product (GDP) grew less than anticipated in 1Q23 In the Euro-zone, GDP rose 0.10% on a QoQ basis in 1Q23, compared to a flat reading in the prior quarter. Market anticipations were for the GDP to rise 0.20%. German […]