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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK housing price balance advanced more than expected in November
In the UK, housing price balance climbed to 66.0% in November, compared to a revised reading of 67.0% in the previous month. Markets were expecting housing price balance to advance to 60.0%.
Germany current account surplus narrowed in October
In Germany, non-seasonally adjusted current account balance narrowed to €22.50 billion in October, compared to a revised surplus of €25.20 billion in the prior month.
German trade surplus widened more than anticipated in October
In Germany, the seasonally adjusted trade surplus widened to €18.20 billion October, compared to a revised surplus of €17.60 billion in the prior month. Markets were expecting trade surplus to widen to €18.00 billion.
US JOLTs job openings rose in October
In the US, the JOLTs job openings recorded a rise to 6652.00 K in October, compared to a revised reading of 6494.00 K in the prior month.
US number of mortgage applications declined in the week ended 04 December 2020
In the US, the number of mortgage applications fell 1.20% on a weekly basis in the week ended 04 December 2020, compared to a drop of 0.60% in the prior week.
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