Hot Features
Premium
Register for real-time alerts, custom portfolio, and market movers
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK house prices rose more than expected in May
In the UK, the house price index advanced 1.30% on a MoM basis in May, compared to a revised rise of 1.50% in the previous month. Markets were expecting the house prices to rise by 1.20%.
UK retail sales advanced in May
In the UK, retail sales across all sectors jumped 18.50% on a YoY basis in May, compared to a rise of 39.60% in the prior month.
Euro-zone investor confidence index advanced in June
In the Euro-zone, the investor confidence index advanced to a level of 28.10 in June, compared to a level of 21.00 in the previous month. Markets were expecting the index to record a rise to 26.00.
German factory orders unexpectedly fell in April
In Germany, factory orders dropped by 0.20% on a MoM basis in April, compared to a revised rise of 3.90% in the prior month. Markets were expecting factory orders to advance 1.00%.
Japan’s GDP dropped less than expected in 1Q 2021
In Japan, annualised gross domestic product (GDP) recorded a drop of 3.90% on a QoQ basis in 1Q 2021, less than market expectations for a drop of 4.80%. In the prior quarter, GDP had declined 5.1%
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
