Guardian Stockbrokers

The key points from today’s economic news, brought to you by Guardian Stockbrokers. IMF trimmed global growth forecast for 2019 The IMF, in its quarterly update on world economic outlook, slashed its global economic growth forecast to 3.3% from 3.6% for 2019, due to escalating trade tensions and fears about a slowdown in the global […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales across all sectors declined more than expected in March In the UK, retail sales across all sectors registered a drop of 1.10% on an annual basis, in March, more than market expectations for a fall of 0.80%. In the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK Halifax house price index fell less than expected in March The Halifax house price index in the UK dropped 1.60% on a MoM basis, in March, compared to an advance of 5.90% in the previous month. Markets were anticipating the index […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Officials debated for additional stimulus to support economy, indicated ECB minutes Minutes of the European Central Bank’s (ECB) March meeting revealed that the officials discussed the option for more aggressive stimulus to support the European economy and expressed their concerns regarding the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone services PMI unexpectedly rose in March The final services Purchasing Managers’ Index (PMI) registered an unexpected rise to 53.30 in the Euro-zone, in March, compared to a level of 52.80 in the previous month. Markets were anticipating services PMI to drop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI advanced in March In the UK, the construction Purchasing Managers’ Index (PMI) registered a rise to 49.70 in March, compared to market expectations of an advance to 49.80. The construction PMI had registered a level of 49.50 in the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI surprisingly advanced in March The manufacturing PMI in the UK registered an unexpected rise to a level of 55.10 in March, compared to a revised reading of 52.10 in the prior month. Markets were expecting the index to drop […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK number of mortgage approvals for house purchases declined in February Number of mortgage approvals for house purchases in the UK fell to a level of 64.30 K in February, lower than market expectations of a drop to a reading of 65.00 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence index remained unchanged in March In the UK, the consumer confidence index remained steady at a level of -13.00 in March. Market anticipation was for the index to drop to a level of -14.00. Euro-zone consumer confidence index advanced […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. ECB’s Draghi warned over a possible delay in further rate hikes The ECB Chief, Mario Draghi, hinted that the central bank could further delay an interest rate hike, if required, and might explore alternatives to mitigate the side-effects of negative interest rates, […]