The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK BBA mortgage approvals climbed in October
In the UK, BBA mortgage approvals climbed to a level of 39.70 K in October, compared to a reading of 38.71 K in the previous month.
German Ifo current assessment index slid in November
The Ifo current assessment index in Germany registered a drop to a level of 105.40 in November, compared to a revised level of 106.10 in the previous month. Markets were expecting the index to fall to a reading of 105.30.
German Ifo business expectations index dropped in November
The Ifo business expectations index in Germany fell to a level of 98.70 in November, lower than market expectations of a drop to a level of 99.20. In the prior month, the index had registered a revised reading of 99.70.
German Ifo business climate index dropped in November
In Germany, the Ifo business climate index registered a drop to a level of 102.00 in November, lower than market expectations of a drop to a reading of 102.30. In the previous month, the index had recorded a revised reading of 102.90.
US Dallas Fed manufacturing business index fell in November
The Dallas Fed manufacturing business index in the US registered a drop to a level of 17.60 in November, compared to a reading of 29.40 in the previous month. Markets were expecting the index to drop to a level of 24.50.
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