Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK average earnings advanced more than anticipated in July In the UK, average earnings including bonus climbed 5.50% in three months to July, compared to a revised rise of 5.20% in the prior month. Markets were expecting average earnings to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP advanced less than expected in July In the UK, the GDP rose 0.20% on a MoM basis in July, compared to a drop of 0.60% in the prior month. Markets were expecting the GDP to record a rise of 0.50%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US wholesale inventories advanced less than anticipated in July In the US, wholesale inventories rose 0.60% in July, compared to a rise of 1.80% in the prior month. Markets were anticipating wholesale inventories to record a rise of 0.80%. Click here to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB raises its key interest rate by 75 basis points The ECB, in its latest monetary policy decision, raised its benchmark interest rate by 75 basis points to 1.25%. Further, the central bank indicated that it expects to increase interest rates further […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE’s Governor Bailey speech claims that the energy bailout could change the plan to sell gilts. Bank of England (BoE) Governor, Andrew Bailey, in his latest speech stated that the central bank may revise plans to start selling gilts next month if […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped more than anticipated in August In the UK, the S&P Global/CIPS manufacturing PMI fell to a level of 46.00 in August, compared to a reading of 52.10 in the prior month. Markets were anticipating the manufacturing PMI to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US Chicago Fed National Activity index advanced in July In the US, the Chicago Fed National Activity index rose to a level of 0.27 in July, compared to a revised reading of -0.25 in the prior month. Australia manufacturing PMI unexpectedly dropped […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector borrowing deficit narrowed in July In the UK, public sector borrowing deficit narrowed to £4.18 billion in July, compared to a revised deficit of £20.09 billion in the prior month. UK retail sales unexpectedly advanced in July In the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK unemployment rate remained unchanged as expected in the three months ended June In the UK, the ILO unemployment rate remained steady at 3.8% in the three months ended June, at par with market expectations. UK average earnings including bonus advanced more […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US NAHB housing market index dropped in August In the US, the NAHB housing market index fell to a level of 49.00 in August, compared to a reading of 55.00 in the prior month. US NY Empire State manufacturing index declined more […]