U.S. Existing Home Sales Unexpectedly Rebound In September

After reporting U.S. existing home sales at their lowest level in a year in the previous month, the National Association of Realtors released a report on Friday showing an unexpected rebound in existing home sales in the month of September. NAR said existing home sales climbed by 0.7 percent.

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UK Logs Decade Low Budget Deficit For September

The UK budget posted the smallest budget deficit in a decade for the month of September, suggesting that the borrowing is on the course to undershoot the full-year target. Public sector net borrowing, excluding banks, decreased by GBP 0.7 billion from the previous year to GBP 5.9 billion in September, the Office for National Statistics said Friday.

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U.S. Leading Economic Index Unexpectedly Edges Lower In September

For the first time in the last twelve months, the Conference Board released a report on Thursday showing an unexpected drop by its index of leading U.S. economic indicators in the month of September. The Conference Board said its leading economic index dipped by 0.2 percent.

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Philadelphia Manufacturing Activity Unexpectedly Grows At Faster Rate

Philadelphia-area manufacturing activity unexpectedly grew at a faster rate in the month of October, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its index for current manufacturing activity in the region climbed to 27.9 in October.

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U.S. Weekly Jobless Claims Drop To Lowest Level In Over Forty Years

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended October 14th, with claims sliding to their lowest level in over forty years. The report said initial jobless claims dropped to 222,000.

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UK Retail Sales Fall Most In 6 Months

UK retail sales declined the most in six months in September as high inflation squeezed household spending amid subdued wage growth. Retail sales including auto fuel dropped 0.8 percent month-on-month in September, reversing a 0.9 percent rise in August, figures from the Office for National Statistics revealed Thursday.

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