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Guardian Stockbrokers Key Economic News Wednesday 11 November 2020

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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 climbed in September

In the UK, the ILO unemployment rate advanced to 4.80% in the three months to September, in line with market expectations and compared to a rate of 4.50% in the previous month.

UK average earnings including bonus advanced more than expected in September

In the UK, average earnings including bonus advanced 1.30% on a YoY basis in September, compared to a revised rise of 0.10% in the prior month. Markets were expecting average earnings including bonus to record an advance of 1.00%.

Euro-zone economic sentiment index unexpectedly dropped in November

In the Euro-zone, the economic sentiment index recorded a drop to 32.80 in November, compared to a level of 52.30 in the previous month.

German economic sentiment index fell more than anticipated in November

In Germany, the economic sentiment index dropped to 39.00 in November, compared to a reading of 56.10 in the prior month. Markets were expecting the economic sentiment index to record a fall to a level of 41.70.

US JOLTs job openings climbed less than expected in September

In the US, the JOLTs job openings rose to a level of 6436.00 K in September, compared to a revised reading of 6352.00 K in the previous month. Markets were anticipating JOLTs job openings to rise to a level of 6500.00 K.

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