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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK balance of firms reporting total order book above normal unexpectedly climbed in November
In the UK, the balance of firms reporting total order book above normal unexpectedly rose to a level of 10.00 in November, compared to market expectations of a drop to a reading of -7.00. In the prior month, the balance of firms reporting total order book above normal had registered a level of -6.00.
UK CBI trends selling prices eased in November
CBI trends selling prices in the UK dropped to a level of 9.00 in November, compared to a reading of 10.00 in the previous month.
Swiss trade surplus expanded in October
Trade surplus in Switzerland widened to a level of CHF 2.64 billion in October, following a revised trade surplus of CHF 1.27 billion in the previous month.
US building permits slid in October
In the US, building permits dropped 0.60%, on monthly basis, to an annual rate of 1263.00 K in October, higher than market expectations of 1260.00 K. In the previous month, building permits had registered a revised level of 1270.00 K.
US housing starts rose in October
Housing starts in the US climbed 1.50%, on monthly basis, to an annual rate of 1228.00 K in October, meeting market expectations 1228.00 K. Housing starts had recorded a revised level of 1210.00 K in the previous month.
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