The UK employment rate hit a record high and the jobless rate remained unchanged in three months to November, data from the Office for National Statistics showed Tuesday. more...
With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits fell by more than expected in the week ended September 30th. The report said initial jobless claims dropped to 260,000. more...
Trading the News: U.K. Jobless Claims Change Even though U.K. Jobless Claims are projected to increase another 9.0K in July, signs of stronger wage growth may keep the British Pound afloat, with GBP/USD at risk of staging a larger recovery should the data tame market expectation for additional monetary support. What’s Expected: Why Is This Event Important: The Bank of England (BoE) is widely ...
Trading the News: U.K. Jobless Claims Change Despite expectations for another 10.0K decline in U.K. Jobless Claims, a slowdown in household earnings may undermine the near-term advance in GBP/USD as it drags on interest-rate expectations. What’s Expected: Even though the Bank of England (BoE) remains upbeat on the U.K. economy, signs of weak wage growth may encourage Governor Mark Carney to retain the record-low ...
Trading the News: U.K. Jobless Claims Change Despite forecasts for another 3.0K decline in U.K. Jobless Claims, a further slowdown in Average Weekly Earnings may weigh on the sterling and spark a bearish reaction in GBP/USD as it provides the Bank of England (BoE) with greater scope to retain its current policy throughout 2016. What’s Expected: Why Is This Event Important: Following the unanimous ...
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