Hot Features
Premium
Register to chat with like-minded investors on our interactive forums.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone current account surplus dropped in September
In the Euro-zone, the seasonally adjusted current account surplus fell to €28.00 billion in September, compared to a revised current account surplus of €29.00 billion in the previous month. Markets were anticipating the region to post a current account surplus of €24.50 billion.
Euro-zone construction output rose as expected in September
In the Euro-zone, the seasonally adjusted construction output recorded a rise of 0.70% on a MoM basis in September, at par with market expectations. Construction output had registered a revised drop of 0.80% in the previous month.
US housing starts rose in October
In the US, housing starts rose to an annual rate of 1314.00 K on a MoM basis in October, compared to market expectations of 1318.00 K. Housing starts had registered a revised to a level of 1266.00 K in the prior month.
US building permits surprisingly advanced in October
In the US, building permits unexpectedly rose by 5.00% to an annual rate of 1461.00 K, on a MoM basis in October, compared to a revised to a level of 1391.00 K in the previous month. Market anticipation was for building permits to ease to a level of 1381.00 K.
Canadian house price index dropped in October
In Canada, the house price index fell 0.05% on a MoM basis in October. The index had advanced 0.09% in the previous month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
