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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK public sector net borrowing deficit widened in March
In the UK, public sector net borrowing deficit widened to £17.30 billion, compared to a deficit of £9.90 billion in the prior month. Market anticipations were for public sector net borrowing to post a deficit of £15.04 billion.
US durable goods orders rose less than expected in March
In the US, the flash durable goods orders rose 0.80% on a MoM basis in March, compared to a fall of 1.70% in the previous month. Markets were expecting durable goods orders to advance 1.00%.
US housing price index climbed more than expected in February
In the US, the housing price index recorded a rise of 2.40% on a MoM basis in February, compared to a rise of 1.60% in the prior month. Markets were expecting the index to record an advance of 1.40%.
US consumer confidence index unexpectedly fell in April
In the US, the consumer confidence index unexpectedly eased to 107.30 in April, compared to a revised reading of 107.60 in the previous month. Markets were expecting the index to record a rise to 108.00.
US Richmond Fed manufacturing index rose in April
In the US, the Richmond Fed manufacturing index registered a rise to 14.00 in April, compared to a level of 13.00 in the prior month.
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