Hot Features
Premium
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German consumer confidence index unexpectedly rose in February
In Germany, the consumer confidence index unexpectedly advanced to a level of -6.70 in February, compared to a revised level of -6.90 in the prior month. Markets were expecting the index to fall to -7.80.
US annualised GDP climbed more than expected in 4Q 2021
In the US, the preliminary annualised GDP climbed 6.90% on a QoQ basis in 4Q 2021, compared to an advance of 2.30% in the prior quarter. Markets were expecting the GDP to record a rise of 5.50%.
US number of initial jobless claims dropped as expected in the week ended 21 January 2022
In the US, the seasonally adjusted number of initial jobless claims dropped to 260.00 K in the week ended 21 January 2022, in line with expectations and compared to a revised reading of 290.00 K in the prior week.
US durable goods orders fell more than expected in December
In the US, preliminary durable goods orders eased 0.90% on a MoM basis in December, compared to a revised rise of 3.20% in the prior month. Markets were expecting durable goods orders to record a fall of 0.50%.
US pending home sales declined more than expected in December
In the US, pending home sales fell 3.80% on a MoM basis in December, compared to a revised drop of 2.30% in the prior month. Markets were expecting pending home sales to decline by 0.20%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
