Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB signals July rate hike The ECB, in its latest monetary policy decision, kept its benchmark interest rate unchanged at 0.00% and revealed plans to end its stimulus programme. Meanwhile, the central bank announced that it intends to raise its key interest […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK S&P Global construction PMI dropped more than expected in May In the UK, the S&P Global construction PMI fell to 56.40 in May, compared to a level of 58.20 in the prior month. Markets were expecting the construction PMI to fall […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK S&P Global/CIPS services PMI fell less than expected in May In the UK, the S&P Global/CIPS services PMI declined to 53.40 in May, compared to a reading of 58.90 in the previous month. Markets were anticipating the services PMI to drop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC like-for-like retail sales dropped less than expected in May In the UK, the BRC like-for-like retail sales fell 1.50% on a YoY basis in May, compared to a drop of 1.70% in the prior month. Markets were expecting the retail […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone retail sales fell in April In the Euro-zone, seasonally adjusted retail sales dropped 1.30% on a MoM basis in April, compared to a revised rise of 0.30% in the previous month. Markets were expecting retail sales to record an advance of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK mortgage approvals declined more the expected in April In the UK, mortgage approvals fell to 65.97 K in April, compared to a revised level of 69.53 K in the previous month. Markets were anticipating mortgage approvals to fall to 69.00 K. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone consumer confidence index advanced as anticipated in May In the Euro-zone, the consumer confidence index rose to -21.10 in May, at par with market expectations and compared to a revised level of -22.00 in the previous month. Euro-zone economic sentiment indicator […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US consumer sentiment index dropped more than expected in May In the US, the consumer sentiment index fell to 58.40 in May, compared to a reading of 65.20 in the prior month. Markets were expecting the index to drop to a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US annualised GDP dropped more than expected in 1Q 2022 In the US, annualised GDP fell 1.50% on a QoQ basis in 1Q 2022, compared to a jump of 6.9% in the previous quarter. Markets were expecting the GDP to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Germany GDP grew as expected in 1Q 2022 In Germany, GDP climbed 0.20% on a QoQ basis in 1Q 2022, at par with market expectations and compared to a drop of 0.30% in the previous quarter. Germany consumer confidence survey index improved […]