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Guardian Stockbrokers Key Economic News Wednesday 18 September 2019

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

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Euro-zone economic sentiment index climbed in September

In the Euro-zone, the economic sentiment index rose to a level of -22.40 in September, compared to market expectations of a rise to a reading of -32.20. The index had registered a reading of -43.60 in the previous month.

German current situation index dropped in September

In Germany, the current situation index registered a drop to a level of -19.90 in September, compared to market expectations of a fall to a reading of -15.00. In the previous month, the index had registered a level of -13.50.

US industrial production rose more than expected in August

In the US, industrial production advanced 0.60% on a MoM basis in August, compared to a revised fall of 0.10% in the previous month. Markets were expecting industrial production to rise 0.20%.

US housing market index unexpectedly rose in September

In the US, the housing market index unexpectedly climbed to a level of 68.00 in September, compared to a revised level of 67.00 in the prior month. Market anticipation was for the index to ease to a reading of 66.00.

Australian leading index eased in August

In Australia, the leading index dropped 0.28% on a MoM basis in August. In the prior month, the index had climbed by a revised 0.15%.

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