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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Nationwide housing prices dropped as expected in July
In the UK, the Nationwide housing prices fell 0.20% on a MoM basis in July, at par with market expectations and compared to a rise of 0.10% in the prior month.
UK S&P Global/CIPS manufacturing PMI fell less than expected in July
In the UK, the S&P Global/CIPS manufacturing PMI dropped to 45.30 in July, compared to a level of 46.50 in the previous month. Markets were expecting the PMI to drop to 45.00.
Euro-zone HCOB manufacturing PMI fell as anticipated in July
In the Euro-zone, the HCOB manufacturing PMI declined to 42.70 in July, at par with market expectations and compared to a level of 43.40 in the previous month.
German unemployment rate unexpectedly fell in June
In Germany, the unemployment rate unexpectedly fell to 5.60% in June, compared to 5.70% in the previous month.
US ISM manufacturing PMI unexpectedly fell in July
In the US, the ISM manufacturing PMI unexpectedly dropped to 46.40 in July, compared to a level of 46.00 in the previous month.
US JOLTS job openings declined more than anticipated in June
In the US, the JOLTS job openings fell to 9.58 million in June, compared to a revised level of 9.62 million jobs in the previous month. Markets were expecting the job openings to drop to 9.61 million.
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