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 public sector net borrowing posted a deficit in August
In the UK, the public sector net borrowing has reported a deficit £5.90 billion in August, as compared to a revised surplus of £3.90 billion in the previous month. Market anticipation was for public sector net borrowing to post a deficit of £3.00 billion.
Euro-zone services PMI unexpectedly climbed in September
The flash services PMI in the Euro-zone recorded an unexpected rise to a level of 54.70 in September, compared to a level of 54.40 in the previous month. Markets were expecting the index to record a steady reading.
Euro-zone manufacturing PMI fell in September
In the Euro-zone, the flash manufacturing PMI eased to a level of 53.30 in September, compared to a reading of 54.60 in the prior month. Markets were expecting the index to ease to a level of 54.50.
US Markit services PMI surprisingly dropped in September
In the US, the flash Markit services PMI registered an unexpected drop to a level of 52.90 in September, compared to market expectations of an advance to a reading of 55.00. In the previous month, the index had registered a reading of 54.80.
US Markit manufacturing PMI advanced in September
In the US, the preliminary Markit manufacturing PMI advanced to a level of 55.60 in September, compared to a level of 54.70 in the previous month. Markets were expecting the index to rise to a reading of 55.00.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
