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

UK manufacturing PMI surprisingly rose in October
In the UK, the manufacturing PMI recorded an unexpected rise to a level of 49.60 in October, compared to market expectations of a fall to a level of 48.10. In the previous month, the manufacturing PMI had registered to a level of 48.30.
US non-farm payrolls rose in October
In the US, non-farm payrolls recorded an increase of 128.00 K in October, more than market anticipations of an advance of 89.00 K. Non-farm payrolls had recorded a revised gain of 180.00 K in the prior month.
US unemployment rate advanced in October
In the US, unemployment rate recorded a rise to a level of 3.60% in October, in line with market expectations. Unemployment rate had recorded a reading of 3.50% in the prior month.
US ISM manufacturing PMI climbed in October
In the US, the ISM manufacturing PMI registered a rise to a level of 48.30 in October, compared to a reading of 47.80 in the previous month. Markets were anticipating the ISM manufacturing PMI to advance to a level of 48.90.
US construction spending rose more than expected in September
In the US, construction spending rose 0.50% on a monthly basis in September, higher than market expectations for a rise of 0.20%. In the prior month, construction spending had dropped by a revised 0.30%.
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