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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK ILO unemployment rate rose as expected in July
In the UK, the ILO unemployment rate advanced to 4.30% for the three months to July, at par with market expectations and compared to 4.20% in the previous month.
Euro-zone ZEW economic sentiment index dropped more than expected in September
In the Euro-zone, the ZEW economic sentiment index fell to -8.90 in September, compared to a level of -5.50 in the previous month. Markets were expecting the index to fall to -6.20.
German ZEW current situation index fell more than anticipated in September
In Germany, the ZEW current situation index declined to -79.40 in September, compared to a level of -71.30 in the previous month. Markets were expecting the index to drop to -75.00.
German ZEW economic sentiment index unexpectedly advanced in September
In Germany, the ZEW economic sentiment index unexpectedly climbed to -11.40 in September, compared to a level of -12.30 in the previous month.
German current account surplus narrowed in July
In Germany, current account surplus narrowed to €18.70 billion in July, compared to a surplus of €29.40 billion in the prior month.
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