Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK S&P Global/CIPS manufacturing PMI dropped more than expected in May In the UK, the manufacturing PMI fell to 54.60 in May, compared to a reading of 55.80 in the prior month. Markets anticipations were for the manufacturing PMI to fall to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Germany Ifo business climate unexpectedly advanced in May In Germany, the Ifo business climate index unexpectedly climbed to 93.00 in May, compared to a revised level of 91.90 in the previous month. Markets were expecting the index to fall to 91.40. Germany […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales unexpectedly advanced in April In the UK, retail sales advanced 1.40% on a MoM basis in April, compared to revised drop of 1.20% in the previous month. Markets were anticipating retail sales to fall 0.20%. UK Rightmove house price […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence dropped more than expected in May In the UK, the consumer confidence declined to a level of -40.00 in May, compared to a reading of -38.00 in the previous month. Markets were expecting the index 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 April In the UK, the CPI jumped 9.00% on a YoY basis in April, compared to a rise of 7.00% in the previous month. Markets were expecting the index to rise 9.10%. UK DCLG house […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate unexpectedly dropped in March In the UK, the ILO unemployment rate unexpectedly fell to 3.70% in the three months ended March, compared to 3.80% in the prior month. Markets were expecting the unemployment rate to remain unchanged. UK […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. EU slashes Euro-zone’s economic growth forecast for this year and next The European Union (EU) stated that Euro-zone’s gross domestic product (GDP) will expand 2.7% this year and 2.3% in 2023, citing concerns surrounding Russia’s invasion of Ukraine. Further, the EU increased […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone industrial production declined less than expected in March In the Euro-zone, industrial production fell 1.80% in March, compared to a revised rise of 0.50% in the prior month. Markets anticipations were for industrial production to fall 2.0%. US consumer sentiment index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP advanced less than expected in 1Q 2022 In the UK, gross domestic product (GDP) rose 0.80% on a QoQ basis in 1Q 2022, compared to a rise of 1.30% in the previous quarter. Markets were anticipating GDP to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK RICS housing price balance advance more than expected in April In the UK, the RICS housing price balance climbed to 80.00% in April, compared to 74.00% in the prior month. Markets were expecting the housing prices to rise to 70.00% Lagarde […]