Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Fed hikes interest rate for the first time since 2018 The US Fed, in its latest monetary policy decision, raised its benchmark interest rate by 0.25% to a range of 0.25%-0.50%, as widely expected. Further, the central bank projected six more rate […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK average earnings including bonus rose more than expected in January In the UK, average earnings including bonus climbed 4.80% on a YoY basis in January, compared to a rise of 4.30% in the previous month. Markets were expecting average earnings to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German wholesale price index climbed in February In Germany, the wholesale price index rose 1.70% on a MoM basis in February, compared to an advance of 2.30% in the prior month. RBA minutes indicate central bank still patient on rate hike Minutes […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose in January In the UK, GDP registered a rise of 0.80% on a MoM basis in January, compared to a drop of 0.20% in the prior month. UK manufacturing production climbed more than expected in January In the UK, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB maintains its key interest rate The ECB, in its latest monetary policy decision, kept its benchmark interest rate unchanged at 0.00%, as widely expected. Meanwhile, the ECB indicated that it would wind up its asset purchases in the third quarter, citing […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in February In the UK, house price balance rose to 79.00% in February, compared to 74.00% in the previous month. Markets were expecting house price balance to increase to 73.00%. US job openings dropped less than expected […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone GDP rose in 4Q 2021 In the Euro-zone, the GDP advanced 0.30% on a QoQ basis in 4Q 2021, compared to a revised rise of 2.30% in the previous quarter. Germany industrial production rose more than expected in January In Germany, […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors rose less than expected in February In the UK, the BRC retail sales across all sectors registered a rise of 2.70% on a YoY basis in February, compared to a rise of 8.10% in the previous […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly rose in February In the UK, the construction PMI recorded an unexpected rise to a level of 59.10 in February, compared to a reading of 56.30 in the prior month. Markets were expecting the construction PMI to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI rose less than expected in February In the UK, the final services PMI climbed to 60.50 in February, compared to a level of 54.10 in the previous month. Market anticipations were for the services PMI to climb to a […]