Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus unexpectedly widened in November In Germany’s current account surplus unexpectedly widened to €16.90 billion in November, compared to a revised balance of €5.70 billion in the prior month. Markets were expecting current account surplus to narrow to €4.70 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US mortgage applications climbed in the week ended 06 January 2023 In the US, the MBA mortgage applications rose 1.20% in the week ended 06 January 2023, compared to a drop of 10.30% in the prior week. Australia retail sales rose more […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. World Bank cuts 2023 forecast and warned of global recession The World Bank slashed its global growth forecast and expected global GDP growth of 1.7% in 2023, down from its earlier estimate of 3.0%. Also, the bank warned that new shocks could […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC Like-for-Like retail sales climbed in December In the UK, the BRC Like-for-Like retail sales advanced 6.50% on a YoY basis in December, compared to a rise of 4.10% in the prior month. Euro-zone investor confidence index advanced less than anticipated […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price index unexpectedly fell in December In the UK, the Halifax house price index unexpectedly dropped 1.50% on a MoM basis in December, compared to a revised drop of 2.40% in the prior month. Euro-zone retail sales rose more than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI advanced less than expected in December In the UK, the S&P Global/CIPS services PMI rose to 49.90 in December, compared to a level of 48.80 in the prior month. Markets were expecting the services PMI to rise to 50.00. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK mortgage approvals declined more than expected in November In the UK, mortgage approvals fell to 46.08K in November, compared to a level of 57.88K in the prior month. Markets were expecting mortgage approvals to fall to 55.00K. Euro-zone serviced PMI advanced […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI declined less than expected in December In the UK, the S&P Global/CIPS manufacturing PMI fell to 45.30 in December, compared to a level of 46.50 in the prior month. Markets were expecting the manufacturing PMI to fall to 44.70. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German manufacturing PMI advanced less than expected in December In Germany, the S&P Global/BME manufacturing PMI climbed to 47.10 in December, compared to a level of 46.20 in the prior month. Markets were expecting the manufacturing PMI to rise to 47.40. Euro-zone […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US initial jobless claims advance in the week ended 23 December 2022 In the US, initial jobless claims advanced to 225.00 K in the week ended 23 December 2022, compared to a reading of 216.00 K in the prior week. Click here […]