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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone consumer confidence index climbed in September
In the Euro-zone, the final consumer confidence index recorded a rise to a level of -6.50 in September, compared to a level of -7.10 in the prior month. Market expectation was for the index to rise to a level of -7.00.
Euro-zone economic sentiment indicator slid in September
In the Euro-zone, the economic sentiment indicator recorded a drop to a level of 101.70 in September, compared to a level of 103.10 in the previous month.
US durable goods orders unexpectedly rose in August
In the US, the preliminary durable goods orders unexpectedly advanced 0.20% on a MoM basis in August, more than market expectations for a fall of 3.10%. Durable goods orders had registered a rise of 2.00% in the prior month.
US consumer sentiment index advanced in September
In the US, the final Reuters/Michigan consumer sentiment index rose to a level of 93.20 in September, higher than market expectations of a rise to a level of 92.00In the previous month, the index had recorded a reading of 89.80.
Chinese manufacturing PMI index rose in September
In China, the Caixin/Markit manufacturing PMI index rose to a level of 51.40 in September. In the prior month, Caixin/Markit manufacturing PMI index had recorded a level of 50.40.
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