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 mortgage approvals declined more than expected in November
In the UK, mortgage approvals fell to 46.08K in November, compared to a level of 57.88K in the prior month. Markets were expecting mortgage approvals to fall to 55.00K.
Euro-zone serviced PMI advanced more than anticipated in December
In the Euro-zone, the S&P Global services PMI climbed to 49.80 in December, compared to a level of 48.50 in the previous month. Market anticipations were for the services PMI to rise to 49.10.
FOMC minutes indicated higher rates in future
Minutes of the US Federal Reserve’s (Fed) January meeting revealed that the officials are committed to tackling inflation and anticipate that higher interest rates would stay in place for some time ahead. Also, officials expect no interest rate cuts this year.
US JOLTS job openings fell less than anticipated in November
In the US, the JOLTS job openings dropped to 10.46 million in November, compared to a level of 10.51 million jobs in the previous month. Markets were anticipating the job openings to fall to 10.00 million.
US ISM manufacturing PMI dropped more than expected in December
In the US, the ISM manufacturing PMI fell to 48.40 in December, compared to a level of 49.00 in the prior month. Market expectations were for the manufacturing PMI to drop to 48.50.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
