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UK July payrolls change 97k vs -9k prior

Prior -9k; revised to 47kJune ILO unemployment rate 4.2% vs 4.0% expectedPrior 4.0%June employment change -66k vs 75kPrior 102kJune average weekly earnings +8.2% vs +7.3% 3m/y expectedPrior +6.9%; revised to +7.2%June average weekly earnings (ex bonus) +7.8% vs +7.4% 3m/y expectedPrior +7.3%; revised to +7.5%Oh, boy. There's a quite a bit to break down on this one. Once again, the standout here is that wages data continues to run hot and that will keep the pressure on the BOE to tighten policy f... Read More

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Forex

Posted: Aug 15 2023, 06:00

Author Name: forexlive

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