Guardian Stockbrokers Key Economic News Thursday 30 December 2021

The key points from today’s economic news, brought to you by Guardian Stockbrokers.

Euro-zone M3 money supply rose less than expected in November

In the Euro-zone, the M3 money supply climbed 7.30% on a YoY basis in November, compared to a rise of 7.70% in the prior month. Markets were expecting the M3 supply to record a rise of 7.60%.

US advance goods trade deficit widened in November

In the US, advance goods trade deficit expanded to $97.78 billion in November, compared to a deficit of $83.20 billion in the previous month.

US pending home sales unexpectedly dropped in November

In the US, pending home sales slid 2.20% on a MoM basis in November, compared to a rise of 7.50% in the previous month. Markets were expecting pending home sales to record an advance of 0.50%.

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