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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK retail sales advanced more than expected in July
In the UK, retail sales across all sectors rose 17.00% on a YoY basis in July, compared to an advance of 6.70% in the previous month. Markets were expecting retail sales to record an advance of 13.10%.
Euro-zone investor confidence index dropped more than expected in August
In the Euro-zone, the investor confidence index fell to 22.20 in August, compared to a reading of 29.80 in the prior month. Markets were expecting the index to drop to a level of 29.00.
Germany trade surplus widened more than anticipated in June
In Germany, seasonally adjusted trade surplus widened to €13.60 billion in June, compared to a revised surplus of €12.80 billion in the previous month. Markets were expecting trade surplus to widen to €13.50 billion.
Germany current account surplus widened less than expected in June
In Germany, non-seasonally adjusted current account surplus widened to €22.50 billion in June, compared to a surplus of €13.10 billion in the prior month. Markets were expecting a current account surplus of €23.20 billion.
US JOLTS job openings unexpectedly rose in June
In the US, the JOLTS job openings unexpectedly climbed to 10,073.00 K in June, compared to a revised level of 9483.00 K in the previous month. Markets were expecting the JOLTS job openings to drop to a level of 9270.00 K.
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