Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE keeps its key interest rate unchanged The BoE, at its November monetary policy meeting, kept its benchmark interest rate unchanged at 0.10%, defying market expectations. Further, the central bank maintained its government bond purchases at a target stock of £875 billion […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK housing prices rose more than expected in October In the UK, house prices advanced 0.70% on a MoM basis in October, compared to a rise of 0.10% in the prior month. Markets were expecting house prices to record a rise of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone manufacturing PMI fell more than expected in October In the Euro-zone, the manufacturing PMI dropped to 58.30 in October, compared to a level of 58.60 in the prior month. Markets were expecting the manufacturing PMI to drop to 58.50. German manufacturing […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI rose more than expected in October In the UK, the final manufacturing PMI registered a rise to 57.80 in October, compared to a reading of 57.10 in the previous month. Markets were expecting the PMI to advance to a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK mortgage approvals fell less than expected in September In the UK, the mortgage approvals dropped to 72.64 K in September, compared to revised level of 74.21 K in the prior month. Markets were expecting the mortgage approvals to fall to a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB kept its key interest rate unchanged The European Central Bank (ECB), in its October monetary policy meeting, decided to keep its interest rate unchanged at -0.50%, despite ongoing inflationary pressures. Further, the central bank reaffirmed its plan to keep buying bonds […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German consumer confidence index unexpectedly rose in November In Germany, the consumer confidence index advanced to a level of 0.90 in November, compared to revised reading of 0.40 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. UK BRC shop price index fell in October In the UK, the shop price index dropped 0.40% on a YoY basis in October, compared to a fall of 0.50% in the previous month. US housing price index rose less than expected in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German Ifo business climate index dropped more than expected in October In Germany, the Ifo business climate index fell to 97.70 in October, compared to a revised reading of 98.90 in the prior month. Markets were expecting the index to drop to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI unexpectedly climbed in October In the UK, the manufacturing PMI unexpectedly rose to 57.70 in October, compared to a level of 57.10 in the prior month. Markets were expecting the manufacturing PMI index to drop to a level of […]