Hot Features
Premium
Level up your trading with our powerful tools and real-time insights all in one place.
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK business barometer slid in February
In February, the business barometer in the UK dropped to 28.00. The business barometer had recorded a reading of 45.00 in the prior month.
Euro-zone consumer confidence index slid in February
In the Euro-zone, the final consumer confidence index dropped to -8.80 in February. The consumer confidence index had recorded a reading of -6.30 in the previous month. The preliminary figures had also indicated a fall to -8.80.
Euro-zone services sentiment indicator registered a drop in February
The services sentiment indicator in the Euro-zone registered a drop to 10.60 in February, lower than market expectations of a fall to a level of 11.40. The services sentiment indicator had recorded a revised level of 11.50 in the prior month.
Euro-zone economic sentiment indicator fell in February
In the Euro-zone, the economic sentiment indicator recorded a drop to 103.80 in February, lower than market expectations of a fall to a level of 104.30. In the prior month, the economic sentiment indicator had recorded a revised level of 105.10.
Euro-zone business climate indicator eased in February
The business climate indicator in the Euro-zone dropped to 0.07 in February, compared to a level of 0.29 in the prior month. Markets were expecting the business climate indicator to fall to 0.27.
Euro-zone industrial confidence index declined in February
In February, the industrial confidence index registered a drop to -4.40 in the Euro-zone, higher than market expectations of a fall to -3.60. The industrial confidence index had recorded a revised level of -3.10 in the prior month.
German HICP rose less than expected in February
The flash harmonised consumer price index (HICP) in Germany recorded a rise of 0.40% in February on a monthly basis, less than market expectations for a rise of 0.60%. In the prior month, the HICP had registered a drop of 1.00%.
German consumer price index (CPI) rose less than expected in February
In February, the preliminary consumer price index (CPI) in Germany, rose 0.40% on a monthly basis, lower than market expectations for a rise of 0.50%. The CPI had registered a drop of 0.80% in the prior month.
German HICP unexpectedly declined in February
The flash HICP in Germany unexpectedly eased 0.20% on a YoY basis, lower than market expectations for an unchanged reading. In the previous month, the HICP had climbed 0.40%.
German CPI remained steady in February
On an annual basis, the flash CPI remained unchanged in February, in Germany, compared to an advance of 0.50% in the previous month. Market expectation was for the CPI to climb 0.10%.
French EU normalised CPI rose less than expected in February
On a monthly basis, the flash EU normalised CPI rose 0.30% in France, in February, less than market expectations for an advance of 0.40%. EU normalised CPI had recorded a drop of 1.10% in the prior month.
French PPI eased in January
On a MoM basis, the producer price index (PPI) in France fell 0.80% in January. In the prior month, the PPI had registered a drop of 1.20%.
French GDP advanced more than expected in 4Q 2015
In 4Q 2015, the final gross domestic product (GDP) climbed 0.30% on a QoQ basis in France, higher than market expectations for a rise of 0.20%. In the prior quarter, GDP had registered a similar rise. The preliminary figures had indicated a rise of 0.20%.
French consumer spending advanced as expected in January
Consumer spending in France registered a rise of 0.60% in January on a monthly basis, at par with market expectations. In the prior month, consumer spending had recorded a revised rise of 1.00%.
Italian annual wage inflation eased in January
In Italy, the annual wage inflation eased to 0.70% in January. The annual wage inflation had recorded a level of 1.30% in the previous month.
Italian wage inflation remained flat in January
The wage inflation remained flat at 0.00% in January, in Italy.
Spanish CPI declined more than expected in February
On an annual basis in February, the preliminary CPI slid 0.80% in Spain, more than market expectations for a fall of 0.50%. In the prior month, the CPI had dropped 0.30%.
Spanish HICP index declined more than expected in February
The flash HICP index eased 0.90% on a YoY basis in February, in Spain, compared to a fall of 0.40% in the prior month. Markets were expecting the HICP index to drop 0.60%.
Spanish HICP index fell more than expected in February
On a monthly basis, the preliminary HICP index registered a drop of 0.40% in Spain, in February, more than market expectations for a fall of 0.20%. The HICP index had dropped 2.50% in the prior month.
Spanish CPI recorded an unexpected drop in February
On a monthly basis, the preliminary CPI in Spain unexpectedly dropped 0.30% in February, lower than market expectations for a rise of 0.10%. The CPI had recorded a drop of 1.90% in the previous month.
US personal income advanced more than expected in January
On a monthly basis, personal income rose 0.50% in January, in the US, higher than market expectations for a rise of 0.40%. In the prior month, personal income had advanced 0.30%.
US personal spending rose more than expected in January
Personal spending in the US advanced 0.50% on a MoM basis in January, compared to a flat reading in the prior month. Market expectation was for personal spending to rise 0.30%.
US GDP price index rose more than expected in 4Q 2015
On a QoQ basis, the second estimate of gross domestic product price index in the US rose 0.90% in 4Q 2015, compared to an advance of 1.30% in the previous quarter. Market expectation was for the GDP price index to advance 0.80%. The preliminary figures had recorded an advance of 0.80%.
US personal consumption expenditure deflator advanced more than expected in January
Personal consumption expenditure deflator advanced 1.30% on an annual basis in the US, in January, compared to a revised rise of 0.70% in the previous month. Market expectation was for personal consumption expenditure deflator to advance 1.10%.
US core personal consumption expenditure rose more than expected in 4Q 2015
In 4Q 2015, the second estimate of core personal consumption expenditure in the US rose 1.30% on a quarterly basis, more than market expectations for a rise of 1.20%. The preliminary figures had indicated an advance of 1.20%. Core personal consumption expenditure had recorded a rise of 1.40% in the prior quarter.
US core personal consumption expenditure advanced more than expected in January
In January, core personal consumption expenditure in the US rose 0.30% on a monthly basis, more than market expectations for an advance of 0.20%. In the previous month, core personal consumption expenditure had climbed by a revised 0.10%.
US personal consumption advanced less than expected in 4Q 2015
The second estimate of personal consumption in the US recorded a rise of 2.00% on a QoQ basis in 4Q 2015, less than market expectations for a rise of 2.20%. The preliminary figures had indicated an advance of 2.20%. In the previous quarter, personal consumption had registered a rise of 3.00%.
US core personal consumption expenditure rose more than expected in January
On an annual basis in January, core personal consumption expenditure advanced 1.70% in the US, more than market expectations for a rise of 1.50%. In the prior month, core personal consumption expenditure had registered a revised rise of 1.50%.
US annualised GDP advanced more than expected in 4Q 2015
In 4Q 2015, on a quarterly basis, the second estimate of annualised gross domestic product (GDP) recorded a rise of 1.00% in the US, higher than market expectations for a rise of 0.40%. The annualized GDP had registered a rise of 2.00% in the prior quarter. The preliminary figures had indicated a rise of 0.70%.
US Reuters/Michigan consumer sentiment index recorded a drop in February
The final Reuters/Michigan consumer sentiment index in the US fell to a level of 91.70 in February, higher than market expectations of a fall to 91.00. In the prior month, the Reuters/Michigan consumer sentiment index had registered a level of 92.00. The preliminary figures had recorded a fall to 90.70.
US personal consumption expenditure deflator surprisingly advanced in January
On a MoM basis in January, personal consumption expenditure deflator recorded an unexpected rise of 0.10% in the US, compared to a fall of 0.10% in the previous month. Market expectation was for personal consumption expenditure deflator to record a flat reading.
Japanese large retailer’s sales rose in January
In Japan, large retailer’s sales recorded a rise of 1.00% in January on a MoM basis. Large retailer’s sales had registered a flat reading in the previous month.
Japanese industrial production fell as expected in January
On a YoY basis, the preliminary industrial production in Japan recorded a drop of 3.80% in January, in line with market expectations. Industrial production had recorded a drop of 1.90% in the prior month.
Japanese retail trade unexpectedly fell in January
Retail trade unexpectedly eased 0.10% in Japan, on a YoY basis in January, less than market expectations for an advance of 0.10%. In the prior month, retail trade had registered a drop of 1.10%.
Japanese industrial production rose more than expected in January
On a monthly basis in January, the flash industrial production climbed 3.70% in Japan, more than market expectations for a rise of 3.20%. Industrial production had dropped 1.70% in the previous month.
Japanese retail trade surprisingly dropped in January
In January, retail trade registered an unexpected drop of 1.10% on a monthly basis in Japan, lower than market expectations for an advance of 0.10%. Retail trade had recorded a revised drop of 0.30% in the previous month.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
