Money Minute Tuesday 15 October: UK unemployment and German optimism
Today's Money Minute looks forward to the UK unemployment figures and German investor sentiment.
Today in the UK, we get unemployment data for August.
The unemployment rate came in at just 3.8% last month. That's the lowest level in about 45 years, and it's likely to have remained around that level.Meanwhile, the annual pace of wage growth came in at 4% previously, the fastest rate seen since the 2008 financial crisis.
Markets will be watching for signs that gloom elsewhere in the economy is starting to affect the labour market.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
That said, with all eyes on the ongoing "will they, won't they?" Brexit drama, the figures are unlikely to have much short-term impact on the pound or the stock market.
Over in Germany, we get the ZEW Economic Sentiment index for October.This gives a view of how big investors feel about the outlook for the German economy.In recent months, their view has been pretty pessimistic and that's unlikely to change this month, as Germany's economy has been hit particularly hard by the global manufacturing slowdown.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
RICS: homebuyers are returning after stamp duty shock
The housing market has been subdued since stamp duty thresholds dropped in April, but there are signs of a recovery
-
Reducing cash ISA limit will make lending difficult and expensive, warn providers
An open letter from the Building Societies Association has urged the chancellor to keep the cash ISA limit at £20,000. We look at whether a smaller cash ISA allowance will make it harder to get a mortgage or loan