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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK ILO unemployment rate surprisingly dropped in the July-September 2019 period
In the UK, the ILO unemployment rate recorded an unexpected drop to a level of 3.80% in the July-September 2019 period. In the June-August 2019 period, the ILO unemployment rate had registered a reading of 3.90%.
UK average earnings including bonus rose less than expected in the July-September 2019 period
In the UK, the average earnings including bonus registered a rise of 3.60% on an annual basis in the July-September 2019 period, compared to a revised rise of 3.70% in the June-August 2019 period. Markets were anticipating the average earnings including bonus to rise 3.80%.
Euro-zone economic sentiment index surprisingly climbed in November
In the Euro-zone, the economic sentiment index unexpectedly advanced to a level of -1.00 in November, compared to a reading of -23.50 in the prior month. Markets were anticipating the index to fall to a level of -32.50.
German economic sentiment index advanced in November
In Germany, the economic sentiment index recorded a rise to a level of -2.10 in November, compared to market expectations of a rise to a level of -13.00. The index had recorded a reading of -22.80 in the previous month.
US small business optimism index climbed in October
In the US, the small business optimism index advanced to a level of 102.40 in October, lower than market expectations of a rise to a level of 103.50. The index had registered a reading of 101.80 in the prior month.
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