Hot Features
Premium
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK house prices unexpectedly rose in July
In the UK, the seasonally adjusted house prices recorded an unexpected rise of 1.70% on a MoM basis in July, compared to a revised drop of 1.60% in the previous month. Markets were expecting house prices to record a fall of 0.10%.
Euro-zone GDP dropped more than expected in 2Q 2020
In the Euro-zone, seasonally adjusted flash GDP plunged 12.10% on a QoQ basis in 2Q 2020, compared to a fall of 3.60% in prior quarter. Markets were expecting GDP to drop 12.00%.
Euro-zone CPI rose in July
In the Eurozone, the preliminary consumer price index (CPI) rose 0.40% on a YoY basis in July, compared to a rise of 0.30% in the prior month.
German retail sales dropped less than expected in June
In Germany, retail sales fell 1.60% on a MoM basis in June, compared to a revised rise of 12.70% in the prior month. Markets were expecting retail sales to record a drop of 3.30%.
US consumer sentiment index fell more than expected in July
In the US, the final consumer sentiment consumer sentiment index eased to 72.50 in July, compared to a reading of 78.10 in the prior month. Markets were expecting the index to drop to 73.00.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
