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 construction PMI climbed in October
In the UK, the construction PMI recorded a rise to a level of 44.20 in October, compared to a reading of 43.30 in the prior month.
Euro-zone manufacturing PMI climbed in October
In the Euro-zone the final manufacturing PMI rose to a level of 45.90 in October, compared to a reading of 45.70 in the prior month.
German manufacturing PMI advanced in October
In Germany, the final manufacturing PMI recorded a rise to a level of 42.10 in October, following a reading of 41.70 in the prior month.
US factory orders dropped more than expected in September
In the US, factory orders fell 0.60% on a MoM basis in September, compared to a fall of 0.10% in the previous month. Markets were anticipating factory orders to ease 0.30%.
RBA keeps key interest rates unchanged
The Reserve Bank of Australia (RBA), in its November monetary meeting, kept its interest rate unchanged at 0.75%, as widely expected. The RBA Governor, Philip Lowe, stated that the board will continue to monitor developments, including in the labour market and is prepared to ease monetary policy, further if needed to support sustainable growth, full employment and the achievement of the inflation target over time.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
