Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK GDP rose more than expected in 3Q 2020
In the UK, the final GDP climbed 16.00% on a QoQ basis in 3Q 2020, compared to a plunge of 19.80% in the previous quarter. Markets were expecting the GDP to record a rise of 15.50%.
UK current account deficit widened in 3Q 2020
In the UK, current account deficit widened to £15.70 billion in 3Q 2020, compared to a revised deficit of £11.90 billion in the previous quarter. Market expectations were for the nation to register a deficit of £11.60 billion.
US annualised GDP climbed more than expected in 3Q 2020
In the US, the final annualised GDP jumped 33.40% on a QoQ basis in 3Q 2020, compared to a fall of 31.40% in the prior quarter. Market anticipations were for the annualised gross domestic product to rise 33.10%.
US consumer confidence index unexpectedly dropped in December
In the US, the consumer confidence index recorded an unexpected drop to a level of 88.60 in December, compared to a revised reading of 92.90 in the prior month. Markets were expecting the consumer confidence index to record a rise to 97.00.
US existing home sales fell more than expected in November
In the US, existing home sales registered a drop of 2.50% on a MoM basis in November, compared to a revised advance of 4.40% in the prior month. Markets were expecting existing home sales to fall by 1.00%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
