News Headline Summary

UK Claimant Count Rate (Oct) M/M 4.8% vs. Exp. 4.8% (Prev. 4.8%)

- UK Unemployment Rate (Sep) 3M 7.8% vs. Exp. 7.9% (Prev. 7.9%)
- UK Employment Change (Sep) 3M/3M 100K vs. Exp. 135K (Prev. 212K)

Update details:

- Claimant count shows largest monthly rise since September 2011.
- ILO 3-month unemployment rate lowest since February-April 2011.
- In London, jobless claims rose by 2,900.

Reaction details:

In reaction to the news:
- GBP/USD moved lower from 1.5894 to 1.5885 but quickly pared the move lower back to pre-announced levels.
- Gilts were unreactive to the data.

Print 09:30, 14 Nov 2012 - UK Data - Source: Newswires