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Goldman Optimistic On GDP Data

AUSSIE BONDS

AOFM Weekly Issuance Slate

MNI EXCLUSIVE

Analysts Split On BoK Rate Hike Timing Views

US EURODLR FUTURES

EDZ3 Lifted

CHINA RATES

China Repo Rates Diverge on Friday

UK DATA
UK DATA: Nominal Wage Growth Highest Since Financial Crisis
- UK May-July total AWE +4.0% vs +3.8% Q2
- UK May-July ex-bonus AWE +3.8% vs +3.9% Q2
- UK  May-July real total AWE +2.1% vs +1.9% Q2
- UK May-July real ex-bonus AWE +1.9% vs +2.0% Q2
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Wage growth continued to accelerate in the three months to July, 
despite nascent signs of a slowdown in jobs growth. Total earnings rose 
by the fastest pace since the three months to May 2008, or the beginning 
of the financial crisis. Pay growth was strong across the board, 
particularly in financial services, where total pay increased by an 
annual rate of 5.3%, the fastest pace since the three months to August 
2011. Despite a 7.7% rise in bonuses, regular pay growth (including 
bonuses) slowed to 3.8% from 3.9% in the previous three-month period.