Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK index of services advanced as expected in May In May, the index of services rose 0.30% in the UK, on a monthly basis, in line with market expectations. The index of services had risen 0.50% in the February-April 2016 period. UK […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK BBA mortgage approvals fell in June BBA mortgage approvals registered a drop to 40.10 K in June, in the UK, compared to a revised reading of 41.84 K in the previous month. Market expectation was for BBA mortgage approvals to ease […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI Business Optimism rose in 3Q 2016 Pessimism among London businesses for the next six months has increased, with a net 47.00% of firms showing pessimism about their business prospects in 3Q 2016, as compared to a net 5.00% of firms […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI slid in July The manufacturing PMI registered a drop to 49.10 in the UK, in July, compared to market expectations of a drop to 48.70. The manufacturing PMI had registered a level of 52.10 in the prior month. UK […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK public sector net borrowing recorded a deficit in June The public sector net borrowing (excluding temporary effects of financial interventions) in the UK has reported a deficit £7.80 billion in June, as compared to a revised deficit of £9.90 billion in […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate registered a surprise drop in the March-May 2016 period The ILO unemployment rate eased unexpectedly to 4.90% in the UK, in the March-May 2016 period, lower than market expectations of an unchanged reading. The ILO unemployment rate had […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. IMF cut its global economic growth rate The International Monetary Fund (IMF) notched down its global growth estimate for this year and next by 0.1 percentage point, with global growth now predicted at 3.1% in 2016 and 3.4% in 2017, as Britain’s […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. US total net TIC flows fell in May Compared to a revised level of $93.10 billion in the prior month total net TIC flows fell to a level of $11.00 billion in the US, in May. US net treasury international capital (TIC) […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction output declined less than expected in May Construction output dropped 1.90% on a YoY basis in the UK, in May, less than market expectations for a drop of 3.50%. Construction output had registered a revised drop of 0.60% in the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE unexpectedly kept interest rates unchanged The Bank of England (BoE) stated that its Monetary Policy Committee has voted 8-1 to maintain the key interest rate unchanged at 0.50%, against market expectations of 25 basis points cut. However, the central bank has […]