Guardian Stockbrokers Key Economic News Monday 28 September 2020

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

UK public sector net borrowing deficit widened more than expected in August

In the UK, public sector net borrowing deficit widened more than anticipated to £35.20 billion in August, compared to a revised deficit of £14.70 billion in the prior month. Market expectations were for public sector net borrowing to post a deficit of £35.10 billion.

US durable goods orders advanced less than expected in August

In the US, the preliminary durable goods orders recorded a rise of 0.40% on a MoM basis in August, compared to a revised rise of 11.70% in the previous month. Market expectations were of durable goods orders to record a rise of 1.50%.

Japanese leading economic index climbed in July

In Japan, the final leading economic index rose to a level of 86.90 in July, as expected and compared to a revised level of 83.80 in the previous month.

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