Hot Features
Premium
Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK manufacturing PMI unexpectedly rose in February
In the UK, the final manufacturing PMI recorded an unexpected rise to a level of 58.00 in February, compared to a reading of 57.30 in the prior month. Markets were expecting the manufacturing PMI to remain unchanged at 57.30.
UK number of mortgage approvals for house purchases advanced more than anticipated in January
In the UK, the number of mortgage approvals for house purchases rose to a level of 74.00 K in January, compared to a revised level of 71.22K in the prior month. Markets were anticipating the number of mortgage approvals for house purchases to rise to a level of 72.00 K.
Euro-zone manufacturing PMI dropped in February
In the Euro-zone, the final manufacturing PMI fell to a level of 58.20 in February, compared to a level of 58.70 in the prior month. Markets were expecting the manufacturing PMI to drop to a level of 58.40.
German CPI rose as expected in February
In Germany, the flash CPI advanced 5.10% on a YoY basis in February, in line with market expectations and compared to an advance of 4.90% in the prior month.
German manufacturing PMI dropped in February
In Germany, the final manufacturing PMI dropped to 58.40 in February, compared to a level of 59.80 in the prior month. Markets were expecting the manufacturing PMI to record a drop to 58.50.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
