Free Trial

The key in the UK labour market data is.....>

UK DATA
UK DATA: The key in the UK labour market data is the stronger than expected wage
data. The tick up in the unemployment rate is less important as we were close to
rounding up to 4.1% last month so it's not as much of a deterioration as it
would seem from the rounded number. Very little reaction in GBP or gilts here.
In the absence of Brexit this would likely be pushing the BoE closer to a hike
but until Brexit is resolved, Brexit headline trading will continue to trump UK
data.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.