Hot Features
Premium
Level up your trading with our powerful tools and real-time insights all in one place.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
US NY Empire State manufacturing index declined in September
In the US, the NY Empire State manufacturing index eased to a level of 2.00, in line with market expectations, in September. The index had recorded a level of 4.80 in the previous month.
Canadian existing home sales rose in August
In Canada, existing home sales registered a rise of 1.40% on a MoM basis in August. Existing home sales had climbed 3.50% in the previous month.
Australian house price index dropped less than expected in 2Q 2019
In Australia, the house price index dropped 0.70% on a QoQ basis in 2Q 2019, lower than market expectations for a drop of 1.00%. In the previous quarter, the index had fallen 3.00%.
RBA minutes: Officials hint at further easing, if required
The Reserve Bank of Australia (RBA), in its September monetary policy meeting minutes, signalled that the central bank might consider further monetary easing if needed, to support economic growth and achieve its 2.0% to 3.0% inflation target. Further, the RBA reiterated that it was reasonable to expect an extended period of low interest rates to meet employment and inflation goals.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
