Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US pending home sales unexpectedly dropped in November In the US, pending home sales fell 4.00% on a MoM basis in November, compared to a drop of 4.60% in the prior month. Markets were expecting pending home sales to rise 0.60%. US […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US goods trade deficit narrowed in November In the US, goods trade deficit narrowed to $83.30 billion in November, compared to a deficit of $98.80 billion in the prior month. US housing price index unexpectedly recorded a flat reading in October In […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK current account deficit narrowed more than expected in 3Q 2022 In the UK, current account deficit narrowed to £19.40 billion in 3Q 2022, compared to a deficit of £35.09 billion in the prior quarter. Markets were expecting deficit to narrow to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing deficit unexpectedly widened in November In the UK, public sector net borrowing deficit unexpectedly widened to £21.20 billion in November, compared to a deficit of £13.37 billion in the prior month. Markets were expecting the deficit to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone current account deficit unexpectedly narrowed in October In the Euro-zone, current account deficit unexpectedly narrowed to €0.40 billion in October, compared to a deficit of €8.06 billion in the prior month. Markets were expecting deficit to widen to €11.60 billion. Euro-zone […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone construction output for rose more than expected in October In the Euro-zone, construction output advanced 1.30% on a MoM basis in October, compared to a rise of 0.10% in the prior month. Market expectations were for construction output to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI declined more than expected in December In the UK, the S&P Global/CIPS manufacturing PMI dropped to 44.70 in December, compared to reading of 46.50 in the prior month. Markets were expecting the manufacturing PMI to fall to 46.30. Euro-zone […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE increases its benchmark interest rate to a 14-year high The BoE, at its November monetary policy meeting, raised its key interest rate by 0.50% point to 3.5%, the biggest hike since 1989. Further, the central bank signalled more increases in borrowing […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI advanced less than expected in November In the UK, consumer price index (CPI) climbed 10.70% on a YoY basis in November, compared to a rise of 11.10% in the prior month. Markets were expecting the CPI to rise 10.90%. UK […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK average earnings including bonus advanced less than expected in the three months to October In the UK, average earnings including bonus climbed 6.10% in the three months to October, compared to a rise of 6.0% in the prior month. Markets were […]