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Guardian Stockbrokers Key Economic News Wednesday 12 September 2018

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

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UK ILO unemployment rate remained unchanged in the May-July 2018 period

In the UK, the ILO unemployment rate remained unchanged at 4.00% in the May-July 2018 period, in line with market expectations.

Euro-zone economic sentiment index climbed in September

In the Euro-zone, the ZEW economic sentiment index climbed to a level of -7.20 in September. The index had recorded a reading of -11.10 in the prior month.

German current situation index surprisingly rose in September

In Germany, the ZEW current situation index unexpectedly rose to a level of 76.00 in September, compared to market expectations of a fall to a level of 72.00. The index had registered a level of 72.60 in the prior month.

German economic sentiment index advanced in September

The ZEW economic sentiment index in Germany advanced to a level of -10.60 in September, higher than market expectations of a rise to a reading of -13.00. The index had recorded a reading of -13.70 in the prior month

US small business optimism index advanced in August

In the US, the NFIB small business optimism index recorded a rise to a level of 108.80 in August, compared to market expectations of a rise to a level of 108.10. The index had recorded a reading of 107.90 in the previous month.

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