Hot Features
Premium
Register to chat with like-minded investors on our interactive forums.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK M4 Ex-IOFCs 3M annualised advanced in December
M4 Ex-IOFCs 3M annualised rose 4.00% on a MoM basis in the UK, in December. In the previous month, M4 Ex-IOFCs 3M annualised had risen by a revised 6.20%.
UK net consumer credit advanced less than expected in December
Net consumer credit in the UK registered a rise of £1.20 billion in December, compared to an advance of £1.50 billion in the prior month. Market expectation was for net consumer credit to advance £1.30 billion.
UK number of mortgage approvals for house purchases rose surprisingly in December
In December, number of mortgage approvals for house purchases in the UK advanced unexpectedly to a level of 70.80 K, higher than market expectations of a fall to 69.60 K. In the previous month, number of mortgage approvals for house purchases had recorded a reading of 70.40 K.
UK net lending secured on dwellings rose less than expected in December
Net lending secured on dwellings in the UK climbed £3.20 billion in December, compared to a revised advance of £3.80 billion in the prior month. Markets were expecting net lending secured on dwellings to climb £3.70 billion.
UK consumer credit rose in December
The seasonally adjusted consumer credit in the UK rose £20.67 billion in December. Consumer credit had advanced by a revised £20.84 billion in the prior month.
UK M4 money supply slid in December
M4 money supply fell 0.20% on a monthly basis in the UK, in December. In the prior month, M4 money supply had recorded a rise of 0.40%.
UK manufacturing PMI climbed surprisingly in January
The manufacturing Purchasing Managers’ Index (PMI) advanced unexpectedly to a level of 52.90 in the UK, in January, compared to market expectations of a drop to 51.60. In the prior month, the manufacturing PMI had registered a revised level of 52.10.
UK M4 money supply recorded a rise in December
M4 money supply advanced 0.20% on an annual basis, in December, in the UK. In the previous month, M4 money supply had climbed 0.50%.
Euro-zone manufacturing PMI dropped in January
In January, the final manufacturing PMI in the Euro-zone eased to 52.30, compared to a level of 53.20 in the previous month. The preliminary figures had also recorded a fall to 52.30. Markets were expecting the manufacturing PMI to fall to a level of.
German manufacturing PMI dropped in January
In January, the final manufacturing PMI in Germany recorded a drop to 52.30, compared to a level of 53.20 in the previous month. The preliminary figures had recorded a fall to 52.10. Market anticipation was for manufacturing PMI to drop to a level of 52.10.
French manufacturing PMI fell in January
The final manufacturing PMI recorded a drop to 50.00 in January, in France, in line with market expectations. In the previous month, manufacturing PMI had recorded a reading of 51.40. The preliminary figures had also recorded a drop to 50.00.
Italian manufacturing PMI registered a drop in January
The manufacturing PMI recorded a drop to 53.20 in January, in Italy, lower than market expectations of a drop to 54.80. The manufacturing PMI had recorded a level of 55.60 in the previous month.
Spanish manufacturing PMI recorded an unexpected rise in January
In January, the manufacturing PMI climbed unexpectedly to a level of 55.40 in Spain, compared to a level of 53.00 in the previous month. Markets were expecting the manufacturing PMI to drop to 52.50.
Swiss SVME manufacturing PMI eased unexpectedly in January
In January, the SVME manufacturing PMI fell unexpectedly to a level of 50.00 in Switzerland, lower than market expectations of an advance to 51.10. In the prior month, the SVME manufacturing PMI had recorded a revised level of 50.40.
US core personal consumption expenditure remained flat in December
In December, core personal consumption expenditure remained unchanged on a MoM basis in the US, compared to a revised advance of 0.20% in the previous month. Market anticipation was for core personal consumption expenditure to climb 0.10%.
US Markit manufacturing PMI advanced in January
The final Markit manufacturing PMI rose to a level of 52.40 in January, in the US, compared to market expectations of an advance to a level of 52.70. The preliminary figures had recorded a rise to 52.70. In the prior month, the Markit manufacturing PMI had recorded a level of 51.20.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
