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.
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
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.
-
Trouble brews in B&M as bargain shops take a hitOpinion Once a stock market darling, B&M's share price has slumped. What has gone wrong for bargain shops?
-
US and China reach a ceasefire in their trade war after talks in LondonThe US and China's trading relationship – the most important one in the global economy – is back on track. Will the truce last?
