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

UK retail sales unexpectedly dropped in October
Retail sales in the UK unexpectedly dropped 0.50% on a monthly basis, in October, less than market expectations for an advance of 0.20%. Retail sales had dropped by a revised 0.40% in the previous month.
Euro-zone trade surplus fell in September
The seasonally adjusted trade surplus in the Euro-zone fell to a level of €13.40 billion in September, compared to a revised surplus of €16.80 billion in the prior month. Market anticipation was for the region’s surplus to fall to a reading of €16.30 billion.
US advance retail sales rose more than expected in October
Advance retail sales in the US recorded a rise of 0.80% on a MoM basis, in October, compared to a revised drop of 0.10% in the prior month. Market expectation was for advance retail sales to climb 0.50%.
US initial jobless claims advance unexpectedly in the last week
The seasonally adjusted initial jobless claims in the US registered an unexpected rise to a level of 216.00 K in the week ended 10 November 2018, compared to a level of 214.00 K in the prior week. Markets were expecting initial jobless claims to ease to a reading of 213.00 K.
US NY Empire State manufacturing index surprisingly rose in November
The NY Empire State manufacturing index in the US registered an unexpected rise to a level of 23.30 in November, compared to market expectations of a fall to a level of 20.00. The index had registered a reading of 21.10 in the prior month.
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