Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone economic sentiment index advanced more than expected in May In the Euro-zone, the economic sentiment index advanced to -29.50 in May, compared to a reading of -43.00 in the previous month. Markets were expecting the index to record a rise to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors fell more than expected in April In the UK, retail sales across all sectors dropped 1.70% on a YoY basis in April, compared to a drop of 0.40% in the previous month. Markets were expecting retail […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI fell less than expected in April In the UK, the construction PMI fell to 58.20 in April, compared to a level of 59.10 in the previous month. Markets were expecting the construction PMI to drop to a level of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE hikes interest rates again, warns of recession The BoE, in its latest policy meeting, raised its interest rate by 25 basis points to 1.00%, registering its highest level in 13 years, in a bid to tackle soaring inflation. Further, the central […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK mortgage approvals for house purchases dropped in March In the UK, the number of mortgage approvals for house purchases eased to 70.69 K in March, compared to a revised reading of 70.97 K in the prior month. Euro-zone services PMI rose […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BRC shop price index rose in April In the UK, the BRC shop price index climbed 2.70% on a YoY basis in April, compared to a rise of 2.10% in the previous month. Euro-zone unemployment rate dropped less than expected in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone manufacturing PMI dropped less than expected in April In the Euro-zone, the final manufacturing PMI declined to 55.50 in April, compared to a reading of 56.50 in the prior month. Market anticipations were for the manufacturing PMI to fall to a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German CPI climbed more than expected in April In Germany, the flash CPI rose 7.40% on a YoY basis in April, compared to a jump of 7.30% in the prior month. Markets were expecting the CPI to record a rise of 7.20%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US mortgage applications eased in the week ended 22 April 2022 In the US, the number of mortgage applications registered a drop of 8.30% on a weekly basis in the week ended 22 April 2022, compared to a drop of 5.00% in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing deficit widened in March In the UK, public sector net borrowing deficit widened to £17.30 billion, compared to a deficit of £9.90 billion in the prior month. Market anticipations were for public sector net borrowing to post […]