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Ahead of Wednesday's UK jobs figures,.......>

UK DATA
UK DATA: Ahead of Wednesday's UK jobs figures, analysts at HSBC write that they
see wage growth of 2.5% this year, which is still "relatively subdued" and their
central case for the UK is "not a particularly upbeat one", forecasting GBP/USD
to fall to $1.26 at some point in 2018. This weakness in sterling is seen
keeping inflation elevated, with high oil prices also contributing. On BoE
policy, HSBC expect one more Bank Rate rise in May. 

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