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Guardian Stockbrokers Key Economic News Wednesday 18 December 2019

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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 steadied in the August-October 2019 period

In the UK, the ILO unemployment rate remained steady at 3.80% in the August-October 2019 period. Market anticipation was for the ILO unemployment rate to rise to a level of 3.90%.

Euro-zone trade surplus widened in October

In the Euro-zone, the seasonally adjusted trade surplus widened to €24.50 billion in October, from a trade surplus of €18.30 billion in the previous month. Market expectation was for the region to register a trade surplus of €19.30 billion.

US housing starts rose in November

In the US, housing starts registered a rise to an annual rate to a level of 1365.00 K on a MoM basis in November, compared to market expectations of rise to a level of 1340.00 K. Housing starts had registered a revised to a level of 1323.00 K in the previous month.

US industrial production advanced more than expected in November

In the US, industrial production recorded a rise of 1.10% on a MoM basis in November, higher than market expectations for a rise of 0.80%. In the previous month, industrial production had recorded a revised drop of 0.90%.

US JOLTs job openings climbed in October

In the US, JOLTs job openings climbed to a level of 7267.00 K in October, higher than market expectations of a rise to a level of 7111.00 K. JOLTs job openings had recorded a revised to a reading of 7032.00 K in the prior month.

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