Guardian Stockbrokers Key Economic News Friday 11 January 2019

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.


US initial jobless claims eased in the last week

The seasonally adjusted initial jobless claims in the US registered a drop to a level of 216.00 K in the week ended 05 January 2019, lower than market expectations of a fall to a level of 226.00 K. Initial jobless claims had recorded a revised level of 233.00 K in the previous week.

Canadian building permits surprisingly advanced in November

Building permits in Canada unexpectedly advanced 2.60% on a MoM basis, in November, compared to a revised drop of 0.40% in the previous month. Market expectation was for building permits to drop 0.50%.

Canadian new housing price index remained flat in November

The new housing price index in Canada remained flat in November on a MoM basis, similar to a flat reading in the previous month. Markets were expecting the index to record an unchanged reading.

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