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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Halifax house price index climbed in November
In the UK, the Halifax house price index advanced 1.00% on a MoM basis in November. In the prior month, the index had fallen 0.10%.
German industrial production unexpectedly eased in October
In Germany, the seasonally adjusted industrial production recorded an unexpected drop of 1.70% on a MoM basis in October. Industrial production had dropped 0.60% in the previous month.
US unemployment rate surprisingly dropped in November
In the US, unemployment rate fell unexpectedly to 3.50% in November, compared to a rate of 3.60% in the prior month. Market expectation was for unemployment rate to remain unchanged.
US non-farm payrolls climbed in November
In the US, non-farm payrolls registered a rise to a level of 266.00 K in November, higher than market expectations of an advance to a reading of 180.00 K. Non-farm payrolls had recorded a revised increase to a level of 156.00 K in the prior month.
US consumer sentiment index unexpectedly rose in December
In the US, the flash Reuters/Michigan consumer sentiment index recorded an unexpected rise to a level of 99.20 in December, compared to a level of 96.80 in the prior month. Market anticipation was for the index to ease to a level of 96.50.
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