Hot Features
Premium
Register for real-time alerts, custom portfolio, and market movers
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Key Economic News
UK house prices rose more than expected in December
The non-seasonally adjusted house prices in the UK rose 4.50% on an annual basis in December, compared to a rise of 3.70% in the previous month. Market expectation was for house prices to climb 3.80%.
UK house prices rose more than expected in December
In December, the seasonally adjusted house prices registered a rise of 0.80% in the UK on a MoM basis, more than market expectations for an advance of 0.40%. House prices had recorded a rise of 0.10% in the prior month.
Euro-zone private sector loans registered a rise in November
The European Central Bank has reported that private sector loans climbed 1.40% on a YoY basis in the Euro-zone, in November. In the previous month, private sector loans had risen 1.20%.
Euro-zone M3 money supply rose less than expected in November
The European Central Bank has indicated that, in November, M3 money supply in the Euro-zone, registered a rise of 5.10% on an annual basis, lower than market expectations for an advance of 5.20%. M3 money supply had advanced 5.30% in the prior month.
Euro-zone three-month average of M3 money supply recorded a rise in the September-November 2015 period
In the Euro-zone, the three-month average of M3 money supply registered a rise of 5.10% in the September-November 2015 period on a YoY basis. The three-month average of M3 money supply had registered a similar rise in the August-October 2015 period.
Italian producer price index (PPI) declined in November
The PPI in Italy dropped 4.20% on an annual basis, in November. In the prior month, the producer price index had fallen 3.50%.
Italian PPI eased in November
The PPI dropped 0.60% on a MoM basis in Italy, in November. In the prior month, the producer price index had dropped 0.10%.
Spanish harmonised consumer price (HICP) index dropped more than expected in December
In December, the preliminary HICP index fell 0.40% on a MoM basis in Spain, more than market expectations for a drop of 0.20%. The HICP index had risen 0.20% in the prior month.
Spanish consumer price index (CPI) remained steady in December
In December, the flash CPI remained unchanged in Spain on an annual basis, less than market expectations for an advance of 0.10%. In the previous month, the CPI had dropped 0.30%.
Spanish current account surplus rose in October
Current account surplus in Spain expanded to €2.40 billion in October, following a revised current account surplus of €1.70 billion in the prior month.
Spanish HICP index surprisingly eased in December
In Spain, the preliminary HICP index unexpectedly fell 0.10% on a YoY basis in December, compared to a drop of 0.40% in the previous month. Market expectation was for the HICP index to advance 0.10%.
Spanish CPI declined more than expected in December
The preliminary CPI registered a drop of 0.30% on a monthly basis in December, in Spain, higher than market expectations for a drop of 0.10%. The CPI had recorded a rise of 0.40% in the prior month.
Swiss UBS consumption indicator climbed in November
In November, UBS consumption indicator in Switzerland recorded a rise to 1.66, compared to a revised reading of 1.63 in the previous month.
US pending home sales surprisingly dropped in November
Pending home sales unexpectedly dropped 0.90% on a monthly basis in November, in the US, less than market expectations for a rise of 0.70%. In the prior month, pending home sales had risen by a revised 0.40%.
US pending home sales rose more than expected in November
Pending home sales rose 5.10% in the US on an annual basis in November, more than market expectations for an advance of 4.00%. In the prior month, pending home sales had climbed by a revised 2.30%.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
