Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK house prices advanced less than expected in May
The non-seasonally adjusted house prices in the UK climbed 2.10% in May on a YoY basis, compared to an advance of 2.60% in the prior month. Markets were anticipating house prices to advance 2.40%.
UK manufacturing PMI dropped in May
In the UK, the manufacturing PMI registered a drop to 56.70 in May, compared to a reading of 57.30 in the previous month. Markets were expecting the manufacturing PMI to fall to 56.50.
UK house prices unexpectedly slid in May
On a monthly basis, the seasonally adjusted house prices registered an unexpected drop of 0.20% in the UK, in May, less than market expectations for an advance of 0.20%. In the previous month, house prices had dropped 0.40%.
Euro-zone manufacturing PMI climbed in May
The final manufacturing PMI rose to a level of 57.00 in the Euro-zone, in May, at par with market expectations. In the previous month, the manufacturing PMI had registered a level of 56.70. The preliminary figures had also recorded a rise to 57.00.
German manufacturing PMI advanced in May
In May, the final manufacturing PMI rose to a level of 59.50 in Germany, compared to a level of 58.20 in the previous month. Market anticipation was for manufacturing PMI to rise to a level of 59.40. The preliminary figures had recorded an advance to 59.40.
French manufacturing PMI dropped in May
The final manufacturing PMI recorded a drop to 53.80 in May, in France, lower than market expectations of a drop to a level of 54.00. The preliminary figures had indicated a fall to 54.00. In the prior month, manufacturing PMI had registered a level of 55.10.
Italian manufacturing PMI dropped in May
The manufacturing PMI dropped to 55.10 in May, in Italy, compared to market expectations of a fall to a level of 56.00. In the previous month, the manufacturing PMI had registered a reading of 56.20.
Italian GDP rose more than expected in 1Q 2017
In 1Q 2017, the final gross domestic product (GDP) in Italy advanced 0.40% on a QoQ basis, compared to a rise of 0.20% in the prior quarter. Markets were anticipating the GDP to advance 0.20%. The preliminary figures had indicated a rise of 0.20%.
Spanish manufacturing PMI advanced in May
The manufacturing PMI registered a rise to 55.40 in Spain, in May, higher than market expectations of an advance to a level of 54.70. The manufacturing PMI had recorded a level of 54.50 in the previous month.
Swiss GDP advanced less than expected in 1Q 2017
On a QoQ basis, in Switzerland, the seasonally adjusted GDP recorded a rise of 0.30% in 1Q 2017, lower than market expectations for a rise of 0.50%. In the prior quarter, GDP had advanced by a revised 0.20%.
Swiss GDP rose less than expected in 1Q 2017
In 1Q 2017, GDP registered a rise of 1.10% in Switzerland, on a YoY basis, lower than market expectations for a rise of 1.30%. GDP had advanced by a revised 0.70% in the previous quarter.
Swiss real retail sales declined in April
In Switzerland, real retail sales eased 1.20% in April on a YoY basis. In the previous month, real retail sales had recorded a rise of 2.10%.
Swiss SVME manufacturing PMI unexpectedly dropped in May
The SVME manufacturing PMI registered an unexpected drop to a level of 55.60 in May, in Switzerland, compared to a level of 57.40 in the previous month. Markets were anticipating the SVME manufacturing PMI to rise to 57.80.
US Markit manufacturing PMI fell in May
The final Markit manufacturing PMI eased to 52.70 in May, in the US, compared to a reading of 52.80 in the previous month. The preliminary figures had indicated a fall to 52.50. Markets were anticipating the Markit manufacturing PMI to drop to 52.50.
US ISM backlog orders dropped in May
In May, ISM backlog orders in the US recorded a drop to 55.00, compared to a level of 57.00 in the previous month.
US ISM inventories advanced in May
In May, ISM inventories advanced to 51.50 in the US. ISM inventories had recorded a reading of 51.00 in the previous month.
Private sector employment in the US advanced in May
In the US, the private sector employment registered a rise of 253.00 K in May, compared to market expectations of an advance of 180.00 K. The private sector employment had recorded a revised increase of 174.00 K in the prior month.
US initial jobless claims advanced in the last week
In the US, the seasonally adjusted initial jobless claims registered a rise to 248.00 K in the week ended 27 May 2017, compared to market expectations of an advance to 238.00 K. Initial jobless claims had recorded a revised reading of 235.00 K in the previous week.
US continuing jobless claims dropped in the last week
The seasonally adjusted continuing jobless claims in the US registered a drop to 1915.00 K in the week ended 20 May 2017, compared to a revised reading of 1924.00 K in the prior week. Market expectation was for continuing jobless claims to drop to 1920.00 K.
US number of planned layoffs by US companies rose in May
In May, the number of planned layoffs by US companies in the US advanced to 51.69 K. In the prior month, the number of planned layoffs by US companies had registered a reading of 36.60 K.
US number of planned layoffs by US companies advanced in May
In May, on an annual basis, the number of planned layoffs by US companies climbed 71.40% in the US. In the previous month, the number of planned layoffs by US companies had fallen 42.90%.
US ISM new orders advanced in May
In May, ISM new orders advanced to 59.50 in the US. ISM new orders had registered a reading of 57.50 in the previous month.
US ISM prices paid index slid in May
The ISM prices paid index in the US recorded a drop to 60.50 in May, lower than market expectations of a drop to 67.00. In the prior month, the ISM prices paid index had registered a reading of 68.50.
US construction spending unexpectedly dropped in April
On a MoM basis, in the US, construction spending registered an unexpected drop of 1.40% in April, less than market expectations for an advance of 0.50%. In the previous month, construction spending had registered a drop of 0.20%.
US ISM manufacturing activity index unexpectedly advanced in May
The ISM manufacturing activity index in the US recorded an unexpected rise to 54.90 in May, compared to market expectations of an unchanged reading. In the prior month, the ISM manufacturing activity index had recorded a level of 54.80.
US ISM production eased in May
ISM production dropped to 57.10 in the US, in May. ISM production had recorded a reading of 58.60 in the previous month.
Japanese vehicle sales rose in May
Vehicle sales in Japan advanced 6.10% in May on an annual basis. In the prior month, vehicle sales had recorded a rise of 5.40%.
Japanese monetary base advanced in May
On a YoY basis, the monetary base in Japan climbed 19.40% in May. In the prior month, the monetary base had risen 19.80%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
