In the UK, businesses scaled back their hiring plans last month, reflecting the cautious approach adopted by employers ahead of the Labour government’s autumn budget announcement.

In October, Eurozone unemployment remained at a record low of 6.3% for the third consecutive month.

US markets will pause for the Thanksgiving holiday, with stocks and bonds closing tomorrow (Thursday, 28th) and limited trading on Friday.

This morning, the UK’s CPI for October was reported at 2.3%, a sharp increase from 1.7% in September, marking a significant uptick.

After weeks filled with key economic indicators, markets are enjoying a relatively quiet spell.

As the U.S. election nears its conclusion, it’s looking increasingly likely that America could see a return of Donald Trump to presidency.

The wait is finally over. It has been decades since a government’s budget statement has been so anticipated, let alone so pessimistically anticipated given all the doom and gloom that has emanated from numbers 10 & 11 Downing Street and endless debates on individual fiscal measures.

The phrase on investors’ lips this week is of course the Autumn Budget that is due to be delivered by Chancellor Rachel Reeves today at 12:30pm.

This week has been relatively quiet on the economic front, as markets shift their attention to the upcoming U.S. election, now just two weeks away.

So far, it’s been a mixed week for markets as investors digest Q3 corporate earnings and economic data.