Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German CPI rose as expected in June In Germany, the CPI advanced 2.30% on a YoY basis in June, in line with market expectations and compared to a rise of 2.50% in the prior month. US business optimism index climbed in June […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales advanced less than expected in June In the UK, retail sales across all sectors rose 6.70% on a YoY basis in June, compared to an advance of 18.50% in the previous month. Markets were expecting retail sales to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose less than anticipated in May In the UK, GDP advanced 0.80% on a MoM basis in May, compared to a revised advance of 2.00% in the previous month. Markets were expecting GDP to rise by 1.70%. UK manufacturing production […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB sets inflation target at 2% The ECB, in a major policy review, indicated that it has decided to revise its inflation target to 2% and allow consumer prices to overshoot when deemed necessary. ECB President, Christine Lagarde, stated that the new […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price index dropped in June In the UK, the house price index fell 0.50% on a MoM basis in June, compared to a revised rise of 1.20% in the previous month. Markets were expecting the index to record a rise […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly rose in June In the UK, the construction PMI climbed to a reading of 66.30 in June, compared to a level of 64.20 in the previous month. Markets were expecting the construction PMI to drop to a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI dropped less than expected in June In the UK, the services PMI fell to 62.40 in June, compared to a level of 62.90 in the previous month. Markets were expecting the services PMI to drop to a level of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone PPI advanced more than expected in May In the Euro-zone, the PPI climbed 9.60% on a YoY basis in May, compared to a rise of 7.60% in the prior month. Markets were expecting the index to record a rise of 9.50%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped less than expected in June In the UK, the manufacturing PMI fell to 63.90 in June, compared to a level of 65.60 in the previous month. Markets were expecting the manufacturing PMI to drop to 64.20. Euro-zone unemployment […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP dropped more than expected in 1Q 2021 In the UK, GDP fell 1.60% on a QoQ basis in 1Q 2021, compared to a rise of 1.30% in the prior quarter. Markets were expecting the GDP to record a drop of […]