Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index unexpectedly climbed in September On a MoM basis, in the UK, the Halifax house price index registered an unexpected rise of 0.80% in September, higher than market expectations for an unchanged reading. In the previous month, the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK new car registrations eased in September In the UK, new car registrations dropped 9.30% in September on a YoY basis. In the prior month, new car registrations had dropped 6.40%. ECB minutes showed that Governing Council discussed QE tapering options at […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK official reserves climbed in September Official reserves climbed $554.00 million in the UK, in September. In the prior month, official reserves had registered a rise of $1603.00 million. UK services PMI surprisingly rose in September In September, the services PMI in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI unexpectedly dropped in September The construction PMI in the UK dropped unexpectedly to a level of 48.10 in September, compared to market expectations of a steady reading. In the prior month, the construction PMI had recorded a reading of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI fell in September Compared to a revised level of 56.70 in the previous month the manufacturing PMI in the UK recorded a drop to 55.90 in September. Market expectation was for the manufacturing PMI to fall to a level […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE’s Carney: Interest rates to rise in ‘relatively near term’ The Bank of England (BoE) Governor, Mark Carney, stated that interest rates were likely to rise in “relatively near term” if the British economy continues to show signs of strengthening. Further, Carney […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Mark Carney: BoE can’t be expected to nullify Brexit hit The Bank of England (BoE) Governor, Mark Carney, suggested that the central bank has limited means to mitigate the damage from Brexit, although it could influence how that hit is spread across […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance rose in September The CBI distributive trade survey’s retail sales balance rose to a level of 42.00% in September, in the UK, compared to market expectations of a rise to a level of 8.00%. […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals advanced in August BBA mortgage approvals recorded a rise to 41.81 K in the UK, in August, compared to market expectations of an advance to 41.70 K. BBA mortgage approvals had recorded a revised level of 41.64 K […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB’s Draghi warned against hasty policy moves The European Central Bank (ECB) President, Mario Draghi, expressed confidence that inflation is likely to pick up and reach the central bank’s target, but warned that monetary policy stimulus is required to achieve the target […]