The key points from today’s economic news, brought to you by Guardian Stockbrokers.
©
UK house price balance rose in October
In the UK, house price balance registered a rise to 68.00% in October, compared to a revised level of 62.00% in the previous month.
Christine Lagarde: Covid-19 recession is highly unusual
European Central Bank President, Christine Lagarde, indicated that the Covid-19 crisis has produced a highly unusual recession and recovery is likely to be uneven. Further, she pledged to continue to support the economy through the bond buying programme.
US number of mortgage applications fell in the week ended 06 November 2020
In the US, number of mortgage applications eased 0.50% on a weekly basis in the week ended 06 November 2020, compared to an advance of 3.80% in the previous week.
Japan PPI dropped in October
In Japan, the producer price index (PPI) fell 2.1% on a YoY basis in October, compared to a drop of 0.8% 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.
Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
