Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate remained unchanged as expected in December In the UK, the ILO unemployment rate remained unchanged at 3.70% in three months to December, at par with market expectations. UK average earnings including bonus advanced less than anticipated in December […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Japan GDP climbed less than expected in 4Q 2022 In Japan, the gross domestic product (GDP) rose 0.20% in 4Q 2022, compared to a fall of 0.20% in the prior month. Markets were expecting the GDP to rise 0.50%. Australia National Australia […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP recorded a flat reading as expected in 4Q 2022 In the UK, the gross domestic product (GDP) recorded a flat reading in 4Q 2022, at par with market expectations. UK industrial production unexpectedly climbed in December In the UK, industrial […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK housing price balance declined more than expected in January In the UK, the RICS housing price index dropped to -47.00% in January, compared to a drop of -42.00% in the prior month. Markets were expecting the housing price index to fall […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house prices index recorded flat reading for January In the UK, the Halifax house prices index recorded a flat reading in January, compared to a revised drop of 1.30% in the prior month. German industrial production dropped more than expected […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales unexpectedly advanced in January In the UK, BRC like-for-like retail sales unexpectedly climbed 3.90% on a YoY basis in January, compared to a rise of 6.50% in the previous month. UK construction PMI unexpectedly declined in January In the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI dropped less than expected in January In the UK, the S&P Global/CIPS services PMI fell to 48.70 in January, compared to a reading of 49.90 in the prior month. Markets were expecting the services PMI to fall to 48.00 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Bank of England raised the interest rate The Bank of England (BoE), in its January monetary policy meeting, raised its benchmark interest rate by 0.5% to 4.0% and forecasted a shallower recession this year than previously estimated. European Central Bank lifted its […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone CPI climbed less than expected in January In the Euro-zone, the consumer price index (CPI) rose 8.50% on a YoY basis in January, compared to a rise of 9.20% in the prior month. Markets were expecting the CPI to rise 9.00%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. IMF lifted global growth forecast for 2023 The International Monetary Fund (IMF) upgraded its global growth outlook to 2.9% in 2023. UK consumer credit demand rose less than expected in December In the UK, consumer credit demand rose £0.49 billion in December, […]