Hot Features
Premium
Level up your trading with our powerful tools and real-time insights all in one place.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK GDP unexpectedly rose in 2Q23
In the UK, GDP unexpectedly advanced 0.20% on a QoQ basis in 2Q23, compared to a rise of 0.10% in the prior quarter.
UK industrial production advanced more than anticipated in June
In the UK, industrial production rose 1.80% on a MoM basis in June, compared to a fall of 0.60% in the previous month. Markets were expecting industrial production to rise 0.10%.
UK manufacturing production climbed more than expected in June
In the UK, manufacturing production advanced 2.40% on a MoM basis in June, compared to a revised drop of 0.11% in the previous month. Market anticipations were for manufacturing production to rise 0.20%.
German current account surplus widened in June
In Germany, current account surplus widened to €29.60 billion in June, compared to a revised surplus of €8.20 billion in the previous month.
US PPI rose more than expected in July
In the US, the PPI advanced 0.80% on a YoY basis in July, compared to a revised rise of 0.20% in the previous month. Markets were expecting the index to rise 0.70%.
US Michigan consumer sentiment index dropped less than anticipated in August
In the US, the Michigan consumer sentiment index fell to 71.20 in August, compared to a level of 71.60 in the previous month. Markets were expecting the index to drop to 71.00.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
