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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK house price balance rose less than expected in July
In July, house price balance rose 5% in the UK, compared to a rise of 15% in the previous month. Market anticipation was for house price balance to rise by 6%.
French industrial production unexpectedly slid in June
In June, industrial production in France unexpectedly eased 0.80% on a MoM basis, less than market expectations for a rise of 0.10%. Industrial production had registered a drop of 0.50% in the prior month.
French manufacturing production surprisingly eased in June
On a monthly basis, manufacturing production unexpectedly eased 1.20% in France, in June, compared to a revised rise of 0.10% in the prior month. Market expectation was for manufacturing production to climb 0.20%.
US posted budget deficit in July
Budget deficit in the US recorded a level of $112.81 billion in July, compared to a budget surplus of $6.25 billion in the prior month.
US mortgage applications recorded a rise in the last week
On a weekly basis, mortgage applications rose 7.10% in the week ended 05 August 2016, in the US. In the prior week, mortgage applications had registered a drop of 3.50%.
US JOLTs job openings recorded a rise in June
JOLTs job openings climbed to 5624.00 K in the US, in June, compared to market expectations of an advance to a level of 5675.00 K. JOLTs job openings had registered a revised reading of 5514.00 K in the prior month.
Japanese tertiary industry index advanced more than expected in June
The tertiary industry index climbed 0.80% in Japan on a monthly basis in June, compared to a revised fall of 1.20% in the previous month. Markets were expecting the tertiary industry index to climb 0.30%.
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