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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone’s business climate index dropped in May
In the Euro-zone, the business climate index dropped to 0.20 in May, compared to a revised level of 0.51 in the prior month.
Euro-zone consumer confidence index rose as expected in May
In the Euro-zone, the consumer confidence index advanced to -17.40 in May, at par with market expectations and compared to a level of -17.50 in the previous month.
Euro-zone economic sentiment index fell more than anticipated in May
In the Euro-zone, the economic sentiment index dropped to 96.50 in May, compared to a revised level of 99.00 in the previous month. Markets were expecting the index to drop to 98.90.
US consumer confidence index dropped in May
In the US, the consumer confidence index dropped to 102.3 in May, compared to a level of 103.7 in the prior month.
US Dallas Fed manufacturing business index unexpectedly declined in May
In the US, the Dallas Fed manufacturing business index unexpectedly fell to -29.10 in May, compared to a level of -23.40 in the previous month.
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