U.K jobless claims were released in early morning trading today, much like many economic data releases the figures were posted at an earlier than usual 07:00, we normally would see a release such as this out at 09:30.
The figures, as expected were not particularly great reading for the U.K economy however there was a slight surprise in the fact that the official unemployment rate came in at 3.9% as opposed to the 4.3% which had been expected.
This news shows that employment was at a record high in the U.K before Coronavirus hit, but expectations are for figures next month to have changed quite considerably.
Jobless claims rose to a historic high much like many other areas of the world, and all in all the overall release led to very little market movement in early

The Pound has made good gains against the Swiss Franc over the course of November so far, hitting the highest level we have seen since August and smashing through the 1.30 level.
Sterling strength: Rumours of Brexit deal agreement lead to Sterling boost
The main reasons behind the rise in value of Sterling is due to positive vibes surrounding Brexit. It appears that a Brexit deal for the UK is edging closer, but anyone looking to buy Swiss Francs with Sterling still need to be absolutely cautious that the rug could still be pulled from underneath their feet and a Brexit deal is still far from nailed on to happen.
Sterling strength is fragile
It would only take a little negative news to come out regarding the latest