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UK Employment Change Report Preview (Jul 2024)
The UK Employment report showed a 24K expansion during the three-months though June following a 19K rise during the previous period. A deeper look at the report showed the Unemployment Rate unexpectedly narrowing to 4.2% from 4.4% in May, while Average Earnings excluding Bonuses narrowed to 5.4% from 5.7% during the same period. At the same time, claims for unemployment benefits jumped to 135.0K in July from 32.3K the month prior, with the Claimant Count Rate widening to 4.7% from 4.4% in June. Despite the mixed data prints, GBP/USD traded higher following the release, with the exchange rate ending the day at 1.2877. ... (full story)
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From boj.or.jp|Sep 9, 2024tables
From bnnbloomberg.ca|Sep 9, 2024US consumer borrowing increased in July by the most since November 2022, reflecting jumps in non-revolving debt and credit-card balances. Total credit outstanding increased $25.5 ...
From channelnewsasia.com|Sep 9, 2024The dollar snapped back against the yen and other major currencies on Monday after losses last week, as investors looked ahead to key U.S. inflation data and reduced expectations ...
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From forex.com|Sep 9, 2024Riskier asset classes have often performed well ahead of US consumer price inflation reports recently given the likelihood of further softening in housing categories. For AUD/USD ...
From zerohedge.com|Sep 9, 2024After the worst week for the S&P since the March 2023 bank crisis... chart ... which sent the Nasdaq to one of the most oversold levels since the covid crash... chart ... and ...
From vantagemarkets.com|Sep 9, 2024USD rebound continued from Friday’s lows at 100.58 after the NFP release. There was little news flow. Instead, markets digested Friday’s recent employment data. The odds of a ...
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- Posted: Sep 9, 2024 8:20pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,035
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