Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US producer price rose less than expected in July On a MoM basis in July, producer price index climbed 0.10% in the US, lower than market expectations for a rise of 0.20%. Index had climbed 0.30% in the previous month. US initial […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in July In the UK, house price balance climbed to 4.00% in July, in line with market expectations. In the previous month, house price balance had registered a revised level of 3.00%. US mortgage applications declined in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index rose more than expected in July On a monthly basis, the Halifax house price index in the UK registered a rise of 1.40% in July, more than market expectations for a rise of 0.20%. In the previous […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors rose less than expected in July In the UK, retail sales across all sectors advanced 0.50% on an annual basis, in July, compared to an advance of 1.10% in the prior month. Market anticipation was for […]

London open: Stocks steady as investors mull HSBC numbers, IWG tumbles London stocks were steady in early trade on Monday as investors mulled over the latest results from banking giant HSBC. At 0830 BST, the FTSE 100 was flat at 7,660.83, while the pound was down 0.1% against the dollar at 1.2988 and unchanged versus […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI declined in July In the UK, the services PMI dropped to a level of 53.50 in July, compared to market expectations of a fall to a level of 54.70. The index had registered a reading of 55.10 in the […]

BoE raised its key interest rate The Bank of England (BoE) hiked its key interest rate by 25 basis points to 0.75% at its recent policy meeting, as widely expected. Meanwhile, the BoE Governor, Mark Carney, stated that the policy needed to “walk not run” and expressed concern over Brexit. UK construction PMI surprisingly climbed […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped in July The UK’s manufacturing PMI registered a drop to a level of 54.00 in July, lower than market expectations of a fall to a reading of 54.20. The index had registered a revised reading of 54.30 in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone CPI advanced more than expected in July In the Euro-zone, the preliminary consumer price index (CPI) recorded a rise of 2.10% in July on a YoY basis, more than market expectations for an advance of 2.00%. The CPI had registered a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK number of mortgage approvals for house purchases rose in June In the UK, number of mortgage approvals for house purchases rose to a level of 65.60 K in June, compared to a revised level of 64.70 K in the prior month. […]