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.
UK CBI business optimism increased in 3Q 2017
Optimism among London businesses for the next six months has climbed, with a net 5.00% of firms showing optimism about their business prospects in 3Q 2017, as compared to a net 1.00% of firms that showed optimism in the previous quarter. Market expectation was for a net of firms to show optimism about their future business prospects.
UK balance of firms reporting total order book above normal declined in July
The balance of firms reporting total order book above normal in the UK recorded a drop to 10.00 in July, lower than market expectations of a fall to a level of 12.00. In the previous month, the balance of firms reporting total order book above normal had recorded a level of 16.00.
UK CBI trends selling prices dropped in July
CBI trends selling prices eased to 9.00 in July, in the UK, compared to market expectations of a fall to 20.00. In the previous month, CBI trends selling prices had recorded a level of 23.00.
German Ifo current assessment index surprisingly climbed in July
The Ifo current assessment index in Germany unexpectedly climbed to a level of 125.40 in July, compared to a revised level of 124.20 in the previous month. Market expectation was for the Ifo current assessment index to fall to a level of 123.80.
German import price index rose less than expected in June
In June, on an annual basis, the import price index recorded a rise of 2.50% in Germany, lower than market expectations for a rise of 2.90%. In the prior month, the import price index had registered a rise of 4.10%.
German Ifo business expectations index unexpectedly rose in July
The Ifo business expectations index in Germany registered an unexpected rise to 107.30 in July, compared to a reading of 106.80 in the previous month. Markets were anticipating the Ifo business expectations index to fall to 106.50.
German import price index declined more than expected in June
The import price index recorded a drop of 1.10% on a MoM basis in Germany, in June, compared to a fall of 1.00% in the prior month. Market anticipation was for the import price index to fall 0.70%.
German Ifo business climate index unexpectedly advanced in July
In Germany, the Ifo business climate index recorded an unexpected rise to a level of 116.00 in July, higher than market expectations of a fall to 114.90. In the prior month, the Ifo business climate index had recorded a revised level of 115.20.
French business survey overall demand rose in July
In France, business survey overall demand recorded a rise to 16.00 in July. Business survey overall demand had recorded a revised reading of 10.00 in the prior month.
French industrial business climate index surprisingly advanced in July
The industrial business climate index rose unexpectedly to a level of 108.00 in France, in July, compared to market expectations of a drop to a level of 106.00. The industrial business climate index had registered a revised reading of 107.00 in the prior month.
French PPI dropped in June
On a MoM basis, the producer price index (PPI) registered a drop of 0.40% in June, in France. In the previous month, the PPI had fallen 0.60%.
French production outlook indicator advanced in July
In July, the production outlook indicator in France advanced to 21.00, compared to a revised reading of 16.00 in the prior month.
French own-company production outlook dropped in July
Compared to a level of 13.00 in the prior month own-company production outlook in France registered a drop to 10.00 in July.
Italian industrial orders advanced in May
The seasonally adjusted industrial orders climbed 4.30% on a monthly basis in Italy, in May. Industrial orders had registered a revised drop of 0.50% in the prior month.
Italian industrial orders climbed in May
On a YoY basis, the non-seasonally adjusted industrial orders rose 13.70% in Italy, in May. Industrial orders had recorded a drop of 2.20% in the prior month.
Italian industrial sales climbed in May
In Italy, the non-seasonally adjusted industrial sales advanced 7.60% on an annual basis, in May. In the previous month, industrial sales had registered a revised rise of 4.10%.
Italian industrial sales advanced in May
The seasonally adjusted industrial sales in Italy climbed 1.50% in May on a MoM basis. Industrial sales had fallen by a revised 0.40% in the prior month.
Spanish PPI rose in June
The PPI rose 3.20% on an annual basis in Spain, in June. The PPI had advanced by a revised 5.20% in the previous month.
Spanish PPI rose in June
The PPI in Spain recorded a rise of 0.10% in June on a monthly basis. The PPI had registered a similar rise in the previous month.
US S&P/Case-Shiller composite index of 20 metropolitan areas advanced less than expected in May
The seasonally adjusted S&P/Case-Shiller composite index of 20 metropolitan areas in the US climbed 0.10% on a MoM basis in May, lower than market expectations for a rise of 0.30%. In the previous month, the S&P/Case-Shiller composite index of 20 metropolitan areas had recorded a revised drop of 0.18%.
US Redbook index climbed in the last week
On an annual basis, the Redbook index climbed 2.10% in the US, in the week ended 21 July 2017. In the prior week, the Redbook index had registered a rise of 2.00%.
US housing price index rose less than expected in May
On a MoM basis, in the US, the housing price index registered a rise of 0.40% in May, less than market expectations for a rise of 0.50%. In the prior month, the housing price index had climbed by a revised 0.60%.
US Richmond Fed manufacturing index unexpectedly rose in July
In July, the Richmond Fed manufacturing index in the US rose unexpectedly to 14.00, compared to market expectations of a drop to a level of 7.00. The Richmond Fed manufacturing index had registered a revised reading of 11.00 in the prior month.
US S&P/Case-Shiller home price index advanced in May
The S&P/Case-Shiller home price index registered a rise to 198.97 in the US, in May. The S&P/Case-Shiller home price index had registered a revised reading of 197.38 in the prior month.
US CB consumer confidence index unexpectedly rose in July
The CB consumer confidence index in the US climbed unexpectedly to 121.10 in July, compared to a revised level of 117.30 in the prior month. Market anticipation was for the CB consumer confidence index to fall to 116.50.
US S&P/Case-Shiller composite home price index (HPI) of 20 metropolitan areas rose less than expected in May
The S&P/Case-Shiller composite home price index (HPI) of 20 metropolitan areas in the US registered a rise of 5.69% on a YoY basis in May, lower than market expectations for an advance of 5.80%. The S&P/Case-Shiller composite home price index (HPI) of 20 metropolitan areas had registered a revised rise of 5.77% in the prior month.
US Redbook index dropped in the last week
On a MoM basis, the seasonally adjusted Redbook index registered a drop of 1.30% in the US, in the week ended 21 July 2017. The Redbook index had registered a similar fall in the previous week.
Japanese corporate service price index advanced as expected in June
On an annual basis in Japan, the corporate service price index advanced 0.80% in June, at par with market expectations. In the prior month, the corporate service price index had registered a revised similar rise.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
