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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone GDP rose as expected in 3Q 2018
In 3Q 2018, on an annual basis, the seasonally adjusted final gross domestic product (GDP) in the Euro-zone advanced 1.70%, compared to a revised rise of 2.20% in the prior quarter. Markets were expecting GDP to climb 1.70%.
UK Halifax house price index surprisingly dropped in November
In November, the Halifax house price index unexpectedly dropped 1.40% in the UK on a monthly basis, lower than market expectations for an advance of 0.50%. The Halifax house price index had risen 0.70% in the prior month.
German industrial production unexpectedly fell in October
The seasonally adjusted industrial production recorded an unexpected drop of 0.50% in Germany, on a monthly basis in October, lower than market expectations for an advance of 0.30%. In the previous month, industrial production had recorded a revised rise of 0.10%.
US jobs growth slowed in November
Non-farm payrolls recorded an increase of 155.00 K in the US, in November, following a revised advance of 237.00 K in the prior month. Markets were anticipating non-farm payrolls to rise 198.00 K.
US unemployment rate remained unchanged in November
Unemployment rate in the US remained unchanged at 3.70% in November, at par with market expectations.
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