Hot Features
Premium
Register for streaming realtime charts, analysis tools, and prices.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German unemployment rate remained steady as expected in April
In Germany, unemployment rate remained steady at 5.60% in April, at par with market expectations.
German CPI rose less than expected in May
In Germany, the CPI advanced 6.10% on a YoY basis in May, compared to a rise of 7.20% in the prior month. Markets were expecting the index to rise 6.50%.
US MBA mortgage applications fell in the week ended 26 May 2023
In the US, MBA mortgage applications declined to 3.70% in the week ended 26 May 2023, compared to a drop of 4.60% in the previous week.
US Chicago Purchasing Managers’ Index dropped more than anticipated in May
In the US, the Chicago Purchasing Managers’ Index fell to 40.40 in May, compared to a level of 48.60 in the previous month. Markets were expecting the index to drop to 47.00.
US JOLTS job openings unexpectedly climbed in April
In the US, the JOLTS job openings unexpectedly rose to 10.10 million in April, compared to a revised level of 9.75 million in the previous month.
Beige Book: US economy shows sign of cooling as hiring and inflation ease
The US Federal Reserve (Fed), in its latest Beige Book, revealed that the US economic activity appeared to stall in recent weeks and nearterm growth prospects seem slightly worse than previously expected. However, the survey indicated that contacts still largely expect a further expansion in activity.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
