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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK ILO unemployment rate unexpectedly dropped in August
In the UK, the ILO unemployment rate unexpectedly fell to 4.20% in the three months to August, compared to 4.30% in the prior month.
UK S&P Global/CIPS manufacturing PMI rose more than expected in October
In the UK, the S&P Global/CIPS manufacturing PMI advanced to 45.20 in October, compared to a level of 44.30 in the previous month. Markets were expecting the PMI to rise to 44.70.
UK S&P Global/CIPS services PMI unexpectedly dropped in October
In the UK, the S&P Global/CIPS services PMI unexpectedly fell to 49.20 in October, compared to a level of 49.30 in the previous month.
Euro-zone HCOB manufacturing PMI unexpectedly fell in October
In the Euro-zone, the HCOB manufacturing PMI unexpectedly dropped to 43.00 in October, compared to a level of 43.40 in the previous month.
US S&P Global manufacturing PMI unexpectedly rose in October
In the US, the S&P Global manufacturing PMI unexpectedly advanced to 50.00 in October, compared to a level of 49.80 in the prior month.
US S&P Global services PMI unexpectedly advanced in October
In the US, the S&P Global services PMI unexpectedly rose to 50.90 in October, compared to a level of 50.10 in the previous month.
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