The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK retail sales across all sectors advanced more than expected in January
Retail sales across all sectors in the UK advanced 2.60% in January on a YoY basis, higher than market expectations for a rise of 0.30%. In the previous month, retail sales across all sectors had advanced 0.10%.
Euro-zone investor confidence index dropped in February
In February, the investor confidence index recorded a drop to 6.00 in the Euro-zone, compared to market expectations of a fall to 7.40. In the previous month, the investor confidence index had recorded a reading of 9.60.
French business sentiment index advanced surprisingly in January
The business sentiment index climbed unexpectedly to 101.00 in January, in France, compared to a revised reading of 100.00 in the prior month. Markets were expecting the business sentiment index to ease to a level of 99.00.
Spanish calendar adjusted industrial output advanced less than expected in December
On an annual basis, the calendar adjusted industrial output in Spain advanced 3.70% in December, lower than market expectations for an advance of 4.10%. The calendar adjusted industrial output had advanced by a revised 4.30% in the previous month.
Canadian building permits advanced more than expected in December
Building permits in Canada registered a rise of 11.30% in December on a MoM basis, higher than market expectations for a rise of 6.20%. Building permits had dropped by a revised 19.90% in the prior month.
Japanese money supply M2+CD advanced more than expected in January
In January, money supply M2+CD recorded a rise of 3.20% on an annual basis in Japan, more than market expectations for an advance of 3.10%. In the prior month, money supply M2+CD had registered a revised rise of 3.10%.
Japanese Eco Watchers Survey for current situation dropped in January
Eco Watchers Survey for the current situation dropped to 46.60 in Japan, in January, compared to market expectations of a drop to a level of 48.40. In the previous month, Eco Watchers Survey for the current situation had recorded a reading of 48.70.
Japanese M3 money supply rose as expected in January
In January, on an annual basis, M3 money supply in Japan advanced 2.50%, at par with market expectations. M3 money supply had registered a similar rise in the prior month.
Japanese Eco Watchers Survey for future outlook climbed in January
Compared to a reading of 48.20 in the previous month Eco Watchers Survey for the future outlook advanced to 49.50 in January, in Japan. Markets were expecting Eco Watchers Survey for the future outlook to climb to a level of 48.40.
Japanese corporate bankruptcies registered a drop in January
Corporate bankruptcies dropped 6.38% on a YoY basis, in January, in Japan. Corporate bankruptcies had recorded a rise of 1.89% in the prior month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.