Guardian Stockbrokers Key Economic News Monday 13 July 2020

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


US PPI fell more than expected in June

In the US, the producer price index (PPI) unexpectedly fell 0.20% on a MoM basis in June, compared to a rise of 0.40% in the previous month. Markets were expecting the PPI to record a gain of 0.40%.

Canadian unemployment rate fell in June

In Canada, the unemployment rate eased less than expected to 12.30% in June, compared to a rate of 13.70% in the prior month. Markets were anticipating the unemployment rate to fall to 12.00%.

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