The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Eurozone economic sentiment indicator rose more than estimated in November
In the Euro-zone, the economic sentiment indicator climbed to 93.70 in November, compared to a reading of 92.50 in the previous month. Markets were anticipating the economic sentiment indicator to climb to 93.50.
Euro-zone consumer confidence index declined as expected in November
In the Euro-zone, the consumer confidence index fell to -23.90 in November, at par with market expectations and compared to a reading of -27.60 in the prior month.
German CPI advanced less than anticipated in November
In Germany, the consumer price index (CPI) climbed 10.00% on a YoY basis in November, compared to a rise of 10.40% in the prior month. Markets were anticipating the CPI to rise 10.30%.
US consumer confidence index declined in November
In the US, the consumer confidence index dropped to 100.2 in November, compared to a revised level of 102.2 in the previous month.
US housing price index unexpectedly rose in September
In the US, the housing price index unexpectedly rose 0.10% in September, compared to a drop of 0.70% in the previous month. Market expectations were for the index to drop 0.70%.
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