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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone GDP fell less than expected in 1Q 2021
In the Euro-zone, gross domestic product (GDP) recorded a drop of 0.30% on a QoQ basis in 1Q 2021, compared to a decline of 0.70% in the prior quarter. Markets were expecting the GDP to record a drop of 0.60%.
Euro-zone economic sentiment index dropped less than expected in June
In the Euro-zone, the economic sentiment index fell to a level of 81.30 in June, compared to a level of 84.00 in the previous month. Markets were expecting the index to fall to 77.00.
German industrial production unexpected declined in April
In Germany, industrial production fell 1.00% on a MoM basis in April, compared to a revised rise of 2.20% in the previous month. Markets were expecting industrial production to record a rise of 0.70%
US small business optimism index fell in May
In the US, the small business optimism index eased to 99.60, compared to a level of 99.80 in the prior month.
US JOLTs job openings rose more than expected in April
In the US, the JOLTS job openings rose to 9286.00 K in April, more than market expectations and compared to a revised level of 8288.00 K jobs in the prior month.
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