Hot Features
Premium
Register for streaming realtime charts, analysis tools, and prices.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German consumer confidence index advanced less than anticipated in June
In Germany, the consumer confidence index registered a rise to a level of -7.00 in June, compared to a revised reading of -8.60 in the prior month. Markets were expecting the index to record a rise to -5.20.
US annualised GDP rose less than expected in 1Q 2021
In the US, the second estimate of annualised GDP recorded a rise of 6.40% on a QoQ basis in 1Q 2021, compared to a rise of 4.30% in the prior quarter. Markets were expecting the GDP to record an advance of 6.50%.
US pending home sales unexpectedly fell in April
In the US, pending home sales recorded a drop of 4.40% on a MoM basis in April, compared to a revised rise of 1.70% in the previous month. Markets were expecting the pending home sales to record an advance of 0.80%.
US durable goods orders dropped in April
In the US, the preliminary durable goods orders eased 1.30% on a MoM basis in April, compared to a revised rise of 1.30% in the prior month.
US initial jobless claims dropped in the week ended 21 May 2021
In the US, initial jobless claims dropped to a level of 406.00 K in week ended 21 May 2021, compared to a revised level of 478.00 K in previous week. Markets were expecting the seasonally initial jobless claims to record a drop to 425.00 K.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
