Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Andrew Bailey says managing BoE’s £1 trillion balance sheet a ‘major issue’ post Covid Bank of England (BoE) Governor, Andrew Bailey, in his latest speech, stated that British economic growth is recovering strongly from the coronavirus pandemic, but managing the country’s trillion-pound...

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose more than expected in April In the UK, gross domestic product (GDP) rose 2.30% on a MoM basis in April, compared to climb of 2.10% in the previous month. Markets were expecting the GDP to record a rise of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB raised economic growth forecast and inflation projection The European Central Bank (ECB), in its latest monetary policy decision, kept its benchmark interest rate unchanged at 0.00%, as widely expected. Further, the central bank raised its economic growth forecast to 4.6% for […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in May In the UK, the house price balance climbed to 83.00% in May, compared to 75.00% in the previous month. German trade surplus widened less than expected in April In Germany, trade balance widened to €15.90 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone GDP fell less than expected in 1Q 2021 In the Euro-zone, gross domestic product (GDP) recorded a drop of 0.30% on a QoQ basis in 1Q 2021, compared to a decline of 0.70% in the prior quarter. Markets were expecting the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices rose more than expected in May In the UK, the house price index advanced 1.30% on a MoM basis in May, compared to a revised rise of 1.50% in the previous month. Markets were expecting the house prices to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI advanced more than expected in May In the UK, the construction PMI rose to a reading of 64.20 in May, compared to a level of 61.60 in the previous month. Markets were expecting the construction PMI to rise to […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI advanced more than expected in May In the UK, the services PMI climbed to 62.90 in May, compared to a level of 61.00 in the prior month. Markets were expecting the services PMI to rise to 61.80. Euro-zone services […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK mortgage approvals advanced more than expected in April In the UK, the mortgage approvals rose to a level of 86.90 K in April, compared to a revised level of 83.40 K in the prior month. Markets were expecting the mortgage approvals […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI advanced less than expected in May In the UK, the final manufacturing PMI rose to a level of 65.60 in May, compared to a level of 60.90 in the previous month. Market anticipations were for the manufacturing PMI to […]