Guardian Stockbrokers Key Economic News Thursday 29 August 2024

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

German current account surplus widened in November

In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month.

US CPI advanced more than expected in December

In the US, the CPI rose 3.40% on a YoY basis in December, compared to a rise of 3.10% in the prior month. Markets were expecting the index to rise to 3.20%.

US initial jobless claims unexpectedly fell in the week ended 05 January 2024

In the US, initial jobless claims dropped to 202.00K in the week ended 05 January 2024, compared to 203.00K jobs in the previous week.

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