Money Minute Tuesday 12 November: UK jobs, an update from ITV, and a speech from Donald Trump

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Today we get UK unemployment data for the three months to the end of September. The labour market has been holding up well despite the slowdown in economic growth.

However, analysts believe that employment fell during the third quarter. If so – and particularly if the fall is worse than expected – then it would confirm the Bank of England’s growing concern that the next move in interest rates could be down rather than up.
Wages are still growing strongly. They rose at an annual rate of 3.8% last time, which is expected to continue for this release.
On the corporate front in the UK, broadcaster ITV will update on trading for the third quarter. Investors will be looking for more news on the BritBox streaming service.
And in the US, president Donald Trump will speak to the Economic Club of New York later on today. Investors will have their fingers crossed that he doesn’t say anything too negative about the ongoing trade talks with China.

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