Guardian Stockbrokers Key Economic News Tuesday 4 May 2021

Share On Facebook
share on Linkedin
Print

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

©

Euro-zone’s manufacturing PMI rose less than anticipated in April

In the Euro-zone, the final manufacturing PMI rose to a reading of 62.90 in April, compared to a level of 62.50 in the prior month. Markets were expecting the manufacturing PMI to rise to a level of 63.30.

Germany’s manufacturing PMI dropped more than expected in April

In Germany, the final manufacturing PMI dropped to a level of 66.20 in April, compared to a reading of 66.60 in the prior month. Markets were expecting the manufacturing PMI to fall to a level of 66.40.

Germany’s retail sales advanced more than anticipated in March

In Germany, retail sales climbed 7.70% on a MoM basis in March, compared to a revised advance of 2.70% in the prior month. Market anticipations were for the retail sales to climb 3.00%.

US manufacturing index unexpectedly dropped in April

In the US, the manufacturing index unexpectedly fell to a level of 60.70 in April, compared to a reading of 64.70 in the prior month. Markets were expecting the manufacturing index to record a rise to a level of 65.00.

US construction spending rose less than expected in March

In the US, construction spending rose 0.20% on a MoM basis in March, compared to a revised drop of 0.60% in the previous month. Markets were expecting the construction spending to record an advance of 2.00%

Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.

Click Here to register for free on Investors Hub

This area of the investorshub.advfn.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of Investors Hub. Investors Hub does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at Investors Hub is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by investorshub.advfn.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments are closed

 


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.