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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Halifax house prices fell less than expected in September
In the UK, the Halifax house prices dropped 0.40% on a MoM basis in September, compared to a revised fall of 1.80% in the previous month. Markets were expecting the house prices to fall 0.80%.
German factory orders rose more than anticipated in August
In Germany, factory orders advanced 3.90% on a MoM basis in August, compared to a revised drop of 11.30% in the previous month. Markets were expecting factory orders to rise 1.80%.
US nonfarm payrolls advanced more than expected in September
In the US, the nonfarm payrolls rose by 336.00K in September, compared to a revised level of 227.00K jobs in the prior month. Markets were expecting the nonfarm payrolls to rise by 170.00K.
US unemployment rate unexpectedly remained steady in September
In the US, the unemployment rate unexpectedly remained steady at 3.80% in September.
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