Guardian Stockbrokers Key Economic News Wednesday 16 May 2018

Share On Facebook

The key points from today’s economic news, brought to you by Guardian Stockbrokers.

©

Number of unemployment benefits claimants in the UK rose in April

Number of unemployment benefits claimants advanced by 31.20K in the UK, in April, following a revised advance of 15.70K in the previous month.

UK ILO unemployment rate remained steady in the January-March 2018 period

The ILO unemployment rate remained steady at 4.20% in the January-March 2018 period, in the UK. Markets were expecting the ILO unemployment rate to remain unchanged.

Euro-zone GDP advanced as expected in 1Q 2018

On a YoY basis, the seasonally adjusted preliminary gross domestic product (GDP) advanced 2.50% in 1Q 2018, in the Euro-zone, meeting market expectations. In the prior quarter, GDP had registered a similar rise.

US advance retail sales rose as expected in April

US advance retail sales rose 0.30% in April, on a monthly basis, in line with market expectations. In the previous month, advance retail sales had risen by a revised 0.80%.

Japanese GDP unexpectedly eased in 1Q 2018

In 1Q 2018, on a quarterly basis, the flash GDP unexpectedly eased 0.20% in Japan, less than market expectations for an unchanged reading. GDP had recorded a rise of 0.40% in the previous quarter.

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20180920 07:47:40