Hot Features
Premium
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index advanced in April
The Rightmove house price index climbed 1.30% in the UK on a monthly basis, in April. In the previous month, the Rightmove house price index had registered a similar rise.
UK Rightmove house price index registered a rise in April
The Rightmove house price index in the UK rose 7.30% on a YoY basis, in April. In the prior month, the Rightmove house price index had recorded a rise of 7.60%.
UK construction output rose less than expected in February
In February, construction output recorded a rise of 0.30% on a YoY basis in the UK, compared to a revised drop of 0.90% in the previous month. Markets were anticipating construction output to advance 0.70%.
Euro-zone new car registrations in EU 28 countries registered a rise in March
New car registrations in the EU 28 countries climbed 6.00% on a YoY basis in the Euro-zone, in March. In the prior month, new car registrations in the EU 28 countries had recorded a rise of 14.30%.
Euro-zone trade surplus dropped in February
In February, the seasonally adjusted trade surplus in the Euro-zone fell to €20.20 billion, less than market expectations of a trade surplus of €21.50 billion. The Euro-zone had posted a revised trade surplus of €22.80 billion in the previous month.
Euro-zone trade surplus rose in February
The Euro-zone has registered the non-seasonally adjusted trade surplus of €19.00 billion in February, compared to a trade surplus of €6.20 billion in the prior month.
Italian global trade surplus widened in February
Italy has posted global trade surplus of €3.86 billion in February, from a revised global trade surplus of €0.03 billion in the prior month.
Italian trade surplus widened in February
Italy has reported (EU countries) trade surplus of €1.25 billion in February, from a revised trade surplus of €0.52 billion in the previous month.
Fed’s Evans needs more confidence that inflation will rise to target
The Federal Reserve (Fed) Bank of Chicago President, Charles Evans, warned that the US Fed should wait until inflation reaches or even slightly exceeds the 2.0% target before raising interest rates again. He further indicated that the central bank is unlikely to raise interest rates later this month but seems to be on track for at least two increases over the rest of the year.
US NY Empire State manufacturing index rose in April
The NY Empire State manufacturing index climbed to 9.56 in April, in the US, compared to a reading of 0.62 in the previous month. Market anticipation was for the NY Empire State manufacturing index to climb to 2.00.
US Reuters/Michigan consumer sentiment index slid surprisingly in April
Compared to a level of 91.00 in the previous month the flash Reuters/Michigan consumer sentiment index in the US recorded an unexpected drop to a level of 89.70 in April. Market anticipation was for the Reuters/Michigan consumer sentiment index to advance to 92.00.
US net treasury international capital (TIC) long term purchases climbed in February
Net treasury international capital (TIC) long term purchases climbed to $72.00 billion in February, in the US, compared to a revised level of $11.90 billion in the previous month.
US manufacturing production unexpectedly slid in March
In the US, manufacturing production registered an unexpected drop of 0.30% on a MoM basis in March, compared to a revised fall of 0.10% in the previous month. Market anticipation was for manufacturing production to rise 0.10%.
US industrial production dropped more than expected in March
On a MoM basis, in the US, industrial production recorded a drop of 0.60% in March, higher than market expectations for a fall of 0.10%. Industrial production had registered a revised similar fall in the previous month.
US capacity utilisation declined surprisingly in March
In March, capacity utilisation in the US recorded an unexpected drop to 74.80%, lower than market expectations of an unchanged reading. In the prior month, capacity utilisation had recorded a revised reading of 75.30%.
US total net TIC flows fell in February
In February, total net TIC flows in the US dropped to $33.50 billion. In the previous month, total net TIC flows had recorded a revised reading of $116.60 billion.
Canadian house price index advanced in March
The house price index recorded a rise of 0.80% on a monthly basis, in March, in Canada. The house price index had climbed 0.60% in the previous month.
Canadian manufacturing shipments declined more than expected in February
On a monthly basis, manufacturing shipments fell 3.30% in Canada, in February, compared to a rise of 2.30% in the prior month. Markets were expecting manufacturing shipments to fall 1.50%.
Canadian existing home sales advanced in March
In March, on a MoM basis, existing home sales recorded a rise of 1.50% in Canada. Existing home sales had recorded a rise of 0.80% in the previous month.
Japanese industrial production declined in February
The final industrial production registered a drop of 1.20% on a YoY basis in Japan, in February. In the prior month, industrial production had fallen 3.80%. The preliminary figures had indicated a fall of 1.50%.
Japanese capacity utilisation slid in February
In February, on a MoM basis, capacity utilisation slid 5.40% in Japan. Capacity utilisation had recorded a rise of 2.60% in the prior month.
Japanese industrial production declined in February
The final industrial production fell 5.20% in Japan on a MoM basis, in February. Industrial production had risen 3.70% in the previous month. The preliminary figures had indicated a drop of 6.20%.
Chinese house price index registered a rise in March
On an annual basis, the house price index recorded a rise of 4.90% in March, in China. The house price index had risen 3.60% in the previous month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
