Guardian Stockbrokers Key Economic News Tuesday 9 July 2019

Share On Facebook

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

©

UK retail sales across all sectors fell more than expected in June

In the UK, retail sales across all sectors recorded a drop of 1.60% on a YoY basis in June, more than market expectations for a fall of 1.10%. Retail sales across all sectors had dropped 3.00% in the previous month.

Euro-zone investor confidence index surprisingly eased in July

In the Euro-zone, the investor confidence index dropped unexpectedly to a level of -5.80 in July, compared to market expectations of a rise to a level of 0.10. In the previous month, the index had recorded a reading of -3.30.

German industrial production rose less than expected in May

In Germany, the seasonally adjusted industrial production registered a rise of 0.30% on a MoM basis in May, less than market expectations for an advance of 0.40%. In the previous month, industrial production had fallen 1.90%.

German trade surplus expanded in May

In Germany, the seasonally adjusted trade surplus expanded to €20.60 billion in May, following a trade surplus of €17.90 billion in the previous month. Markets were expecting the nation’s trade surplus to fall to €17.00 billion.

US consumer credit advanced more than expected in May

In the US, consumer credit, registered a rise of $17.09 billion in May, more than market expectations for a rise of $17.00 billion. Consumer credit had risen by a revised $17.46 billion in the previous month.

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191215 20:22:25