Guardian Stockbrokers Key Economic News Friday 25 September 2020

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

UK consumer confidence index advanced in September

In the UK, the consumer confidence index improved to a level of -25 in September, compared to a reading of -27 in the previous month.

German Ifo business climate index rose less than expected in September

In Germany, the Ifo business climate index advanced to a level of 93.40 in September, compared to a revised reading of 92.50 in the prior month. Market anticipations were for the Ifo business climate index to advance to a level of 93.80.

German Ifo current assessment index climbed less than anticipated in September

In Germany, the Ifo current assessment index advanced to a reading of 89.20 in September, compared to a level of 87.90 in the previous month. Markets were expecting the Ifo current assessment index to climb to a level of 89.50.

US new home sales unexpectedly climbed in August

In the US, new home sales recorded a rise of 4.80% on a MoM basis in August, compared to a revised rise of 14.70% in the previous month. Markets were anticipating new home sales to ease 0.10%.

US Kansas City Fed manufacturing activity index dropped in September

In the US, the Kansas City Fed manufacturing activity index fell to a level of 11.00 in September, compared to a reading of 14.00 in the previous month.

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Quoted Data

• 

  Lee Wild

• 

  Susan Marmor

• 

  ADVFN Deals