Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US consumer sentiment index unexpectedly fell in May In the US, the preliminary consumer sentiment index recorded an unexpected drop to a level of 82.80 in May, compared to a level of 88.30 in the prior month. Markets were expecting the index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Andrew Bailey says drivers of inflation will not last longer Bank of England (BoE) Governor, Andrew Bailey, in his speech, stated that the central bank does not expect the factors causing rise in inflation to persist, but it would monitor the situation […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP dropped less than expected in 1Q 2021 In the UK, GDP recorded a drop of 1.5% on a QoQ basis in 1Q 2021, compared to a rise of 1.3% in the previous quarter. Markets were expecting the GDP to record […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone economic sentiment index rose in May In the Euro-zone, the economic sentiment index rose to a level of 84.00 in May, compared to a reading of 66.30 in the previous month. German current situation index improved more than expected in May […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index rose in April In the UK, the Halifax house price index registered a rise of 1.40% on a MoM basis in April, compared to an advance of 1.10% in the prior month. UK retail sales across all […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly dropped in April In the UK, the construction PMI unexpectedly fell to a level of 61.60 in April, compared to a reading of 61.70 in the previous month. Markets were expecting the construction PMI to rise to 62.30. […]

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The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE keeps interest rate steady and slows bond-buying The BoE, in its latest monetary policy decision, kept its benchmark interest rate unchanged at 0.10%, as widely expected and reduced the pace of weekly government bond purchases to £3.4 billion from £4.4 billion. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone services PMI advanced more than expected in April In the Euro-zone, the final services PMI registered a rise to 50.50 in April, compared to a reading of 49.60 in the previous month. Market expectations were for the services PMI to climb […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI rose in April In the UK, the final manufacturing PMI recorded a rise to 60.90 in April, compared to a level of 58.90 in the previous month. Market anticipations were for the manufacturing PMI to advance to a level […]