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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK services PMI advanced in October
In the UK, the services PMI climbed to a level of 50.00 in October, in line with market expectations. The services PMI had recorded to a level of 49.50 in the previous month.
US trade deficit narrowed in September
In the US, trade deficit narrowed to $52.50 billion in September, following a revised trade deficit of $55.00 billion in the previous month.
US non-manufacturing PMI advanced in October
In the US, the non-manufacturing PMI advanced to a level of 54.70 in October, compared to market expectations of an advance to a level of 53.20. The non-manufacturing PMI had registered to a reading of 52.60 in the previous month.
US JOLTs job openings fell in September
In the US, JOLTs job openings dropped to a level of 7024.00 K in September, compared to market expectations of a fall to a level of 7211.00 K. In the prior month, JOLTs job openings had recorded a revised to a reading of 7301.00 K.
BoJ Minutes: Policymakers consider further easing of monetary policy
Minutes of the Bank of Japan’s (BoJ) September monetary policy meeting indicated that the policymakers discussed the feasibility of additional easing, while some officials were of the opinion to analyse various measures that would support the economic growth.
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