The key points from today’s economic news, brought to you by Guardian Stockbrokers.

UK Halifax house price index surprisingly dropped in September
The UK Halifax house price index registered an unexpected drop of 1.40% on a MoM basis, in September, compared to an advance of 0.10% in the prior month. Markets were anticipating the index to rise 0.20%.
US trade deficit widened in August
The US has posted trade deficit of $53.20 billion in August, following a revised deficit of $50.00 billion in the previous month. Market anticipation was for a deficit of $53.60 billion.
Non-farm payrolls in the US rose in September
In the US, non-farm payrolls recorded an increase of 134.00 K in September, lower than market expectations of an advance of 185.00 K. Non-farm payrolls had recorded a revised gain of 270.00 K in the previous month.
US consumer credit advanced more than expected in August
Consumer credit in the US registered a rise of $20.08 billion in August, more than market expectations for a rise of $15.00 billion. In the prior month, consumer credit had advanced by a revised $16.60 billion.
US unemployment rate slid in September
The US unemployment rate fell to a level of 3.70% in September, compared to market expectations of a drop to a level of 3.80%. In the prior month, unemployment rate had registered a reading of 3.90%.
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