The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone investor confidence index rose in December
In the Euro-zone, the investor confidence index rose to a level of 0.70 in December, compared to a level of -4.50 in the prior month
German trade surplus widened in October
In Germany, the seasonally adjusted trade surplus widened to €20.60 billion in October, more than market expectations for a surplus of €19.00 billion, and compared to surplus of €19.20 billion in September.
German current account surplus narrowed in October
In Germany, the non-seasonally adjusted current account surplus narrowed to €22.70 billion in October, more than market expectations of a current account surplus of €19.50 billion. Germany had posted a revised current account surplus of €24.90 billion in the previous month.
Canadian housing starts rose in November
In Canada, the seasonally adjusted housing starts climbed to a level of 201.30 K in November, lower than market expectations of an advance to a level of 221.20 K. In the prior month, housing starts had recorded to a revised reading of 200.70 K.
Chinese CPI advanced in November
In China, the consumer price index (CPI) registered a rise of 0.40% on a MoM basis in November. In the previous month, the CPI had advanced 0.90%.
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