Guardian Stockbrokers Key Economic News Monday 14 October 2019

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

German CPI remain unchanged in September

In Germany, the final consumer price index (CPI) remained steady on a MoM basis in September. The CPI had registered a drop of 0.20% in the prior month.

US consumer sentiment index unexpectedly advanced in October

In the US, the preliminary Michigan consumer sentiment index registered an unexpected rise to a level of 96.00 in October, compared to a level of 93.20 in the previous month. Market expectation was for the index to drop to a level of 92.00.

Canadian unemployment rate surprisingly dropped in September

In Canada, the unemployment rate fell unexpectedly to 5.50% in September, compared to a level of 5.70% in the previous month. Market expectation was for the unemployment rate to remain unchanged.

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