The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK ILO unemployment rate remain unchanged in the October-December 2019 period
In the UK, the ILO unemployment rate remained flat at a level of 3.80% in the October-December 2019 period, meeting market expectations.
Euro-zone economic sentiment index unexpectedly declined in February
In the Euro-zone, the economic sentiment index recorded an unexpected drop to a level of 10.40 in February, compared to a reading of 25.60 in the previous month. Market expectation was for the index to climb to a level of 30.00.
German current situation index dropped in February
In Germany, the current situation index eased to a level of -15.70 in February, compared to a reading of -9.50 in the previous month. Market expectation was for the index to drop to a level of -10.00.
German economic sentiment index eased in February
In Germany, the economic sentiment index fell to a level of 8.70 in February, lower than market expectations of a drop to 20.40. In the previous month, the index had registered to a level of 26.70.
US NY Empire State manufacturing index unexpectedly advanced in February
In the US, the NY Empire State manufacturing index advanced unexpectedly to a level of 12.90 in February, compared to market expectations of a fall to a level of 4.50. The index had registered to a level of 4.80 in the previous month.
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