Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP unexpectedly advanced in 2Q 2022 In the UK, the GDP unexpectedly rose 0.20% on a QoQ basis in 2Q 2022, compared to a rise of 0.80% in the prior month. Markets were expecting the GDP to record a fall of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German GfK consumer confidence index declined more than expected in October In Germany, the GfK consumer confidence index fell to -42.50 in October, compared to a revised reading of -36.80 in the prior month. Markets were expecting the index to fall to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC shop price index advanced in August In the UK, the BRC shop price index climbed 5.70% on a YoY basis in August, compared to rise of 5.10% in the previous month. US housing price index unexpectedly declined in July In […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB President Christine Lagarde signals further rate hikes European Central Bank (ECB) President, Christine Lagarde, in her latest speech stated that the central bank would keep raising interest rate even with economic activity expected to “slow substantially. German Ifo business climate index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI advanced more than expected in September In the UK, the S&P Global/CIPS manufacturing PMI climbed to 48.50 in September, compared to a reading of 47.30 in the prior month. Markets were expecting the manufacturing PMI to rise to 47.50. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE raises key interest rate by 50 basis points The BoE, in its September monetary policy meeting, lifted its benchmark interest rate by 0.50% to 2.25%, its highest level since December 2008. Further, the central bank confirmed plans to sell more of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing deficit widened more than expected in August In the UK, public sector net borrowing deficit widened to £11.06 billion in August, compared to a revised deficit of £2.11 billion in the prior month. Markets were expecting deficit […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone posted a current account deficit in July Euro-zone reported a current account deficit of €19.86 billion in July, compared to a surplus of €4.24 billion in the prior month. Germany PPI advanced more than anticipated in August In Germany, the PPI […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales dropped more than anticipated in August In the UK, retail sales fell 1.60% on a MoM basis in August, compared to a revised rise of 0.40% in the prior month. Markets were expecting retail sales to record a drop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI advanced less than expected in August In the UK, the consumer price index (CPI) climbed 9.9% on a YoY basis in August, compared to a rise of 10.10% in the prior month. Markets were expecting the CPI to record a […]