Hot Features
Premium
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German CPI advanced less than expected in February
The final consumer price index (CPI) in Germany rose 0.40% on a monthly basis, in February, less than market expectations for a rise of 0.50%. In the previous month, the CPI had registered a drop of 0.80%.
US initial jobless claims rose in the last week
In the US, the seasonally adjusted initial jobless claims climbed to a level of 229.00 K in the week ended 09 March 2019, compared to a level of 223.00 K in the previous week. Markets were anticipating initial jobless claims to climb to a reading of 225.00 K.
US new home sales dropped in January
New home sales in the US registered a drop of 6.90%, on monthly basis, to a level of 607.00 K in January, compared to a revised reading of 652.00 K in the previous month. Market anticipation was for new home sales to ease to a level of 622.00 K.
Canadian new housing price index surprisingly eased in January
On a MoM basis, the new housing price index in Canada unexpectedly dropped 0.10% in January, less than market expectations for an unchanged reading. The index had registered a flat reading in the prior month.
BoJ kept its monetary policy steady
The Bank of Japan (BoJ), at its March monetary policy meeting, left the benchmark interest rate steady at -0.10% and held the yield target for 10-year Japanese government bonds around 0.00%. However, the central bank issued a more downbeat assessment on the economy, citing concerns that global economic slowdown and intensified regional trade frictions are likely to diminish global Japanese export demand.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
