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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone trade surplus widened in July
In the Euro-zone, seasonally adjusted trade surplus widened to €13.40 billion in July, compared to a surplus of €12.40 billion in the previous month.
US retail sales unexpectedly climbed in August
In the US, retail sales advanced 0.70% on a MoM basis in August, compared to a drop of 1.10% in the prior month. Markets were expecting retail sales to record a drop of 0.80%.
US initial jobless claims advanced in the week ended 10 September 2021
In the US, the number of initial jobless claims rose to a level of 332.00 K in the week ended 10 September 2021, compared to a revised reading of 312.00 K in the previous week. Markets were expecting initial jobless claims to rise to a level of 328.00 K.
US Philadelphia Fed manufacturing index unexpectedly rose in September
In the US, the Philadelphia Fed manufacturing index unexpectedly advanced to a level of 30.70 in September, compared to a level of 19.40 in the prior month. Markets were expecting the index to fall to 19.00.
Australia new home sales climbed in August
In Australia, new home sales registered a rise of 5.80% on a MoM basis in August, compared to a drop of 20.50% in the previous month.
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