Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance declined in June The CBI distributive trade survey’s retail sales balance in the UK registered a drop to 4.00% in June, compared to a level of 7.00% in the prior month. Draghi calls for […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. S&P downgraded UK’s credit rating to “AA” from “AAA” Standard & Poor (S&P) reduced UK’s credit rating by two steps to “AA” from “AAA”, citing the risk of a less predictable, stable, and effective policy framework in the UK. Additionally, Fitch cut […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE announced £250 billion of support for UK economy following Brexit The Bank of England (BoE) Governor, Mark Carney, tried to restore calm and soothe financial markets by reassuring investors and UK citizens that the central bank is “well prepared” to prop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Brexit more likely, ‘Leave’ edges ahead in UK referendum In a dramatic turn, the Leave camp has edged ahead in the UK. The leave vote edged out those in favour of remaining by an estimated 52% to 48%. 348 authorities out of […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone consumer confidence index dropped surprisingly in June In June, the preliminary consumer confidence index in the Euro-zone dropped unexpectedly to -7.30, compared to a level of -7.00 in the previous month. Markets were expecting the consumer confidence index to record a […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI trends selling prices declined in June CBI trends selling prices in the UK dropped to 1.00 in June. In the previous month, CBI trends selling prices had registered a level of 2.00. UK public sector net borrowing reported a deficit […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone construction output fell in April On a MoM basis, the seasonally adjusted construction output recorded a drop of 0.20% in the Euro-zone, in April. In the prior month, construction output had dropped by a revised 1.00%. German PPI fell less than […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Rightmove house price index recorded a rise in June The Rightmove house price index rose 5.50% on an annual basis, in June, in the UK. The Rightmove house price index had registered a rise of 7.80% in the prior month. UK […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE held key rate at 0.50% ahead of Brexit referendum The Bank of England’s (BoE) Monetary Policy Committee (MPC) unanimously voted to keep the benchmark interest rate at a record low of 0.5% and made no changes to its £375.00 billion asset-purchase […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate slid unexpectedly in the February-April 2016 period In the February-April 2016 period, the ILO unemployment rate in the UK recorded an unexpected drop to 5.00%, lower than market expectations of an unchanged reading. In the January-March 2016 period, […]