Societe Generale notes as follows on Monday: The U.K unemployment rate continues to fall apace, now standing at 5.7%. It should stay there in this month's release but the claimant count rate should fall from 2.5% to 2.4%…
The U.K unemployment rate continues to fall apace, now standing at 5.7%.
It should stay there in this month's release but the claimant count rate should fall from 2.5% to 2.4%.
Indeed, the monthly fall in the claimant count appears to have reaccelerated to a trend of around 35k and could even hit 40k in February.
We are being slightly conservative in predicting 35k. The rate of earnings growth should continue to rise - from 1.7% to 1.8% 3mth yoy for regularpay and from 2.1% to 2.2% for total pay including bonuses.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
