UK jobs report expected to show both unemployment and earnings rising

[ad_1] Share: Office for National Statistics will release the UK labor market report at 06:00 GMT on September 12. The Unemployment Rate in the United Kingdom is set to rise to 4.3% in the quarter to July. The UK jobs and wage inflation data could have a strong bearing on the BoE interest

Pound Sterling stabilizes above 1.25 on cheerful mood, UK Employment in focus

[ad_1] Share: Pound Sterling climbs above a two-day high as the appeal for risk-sensitive currencies improves. Investors shift focus to UK employment data for July, which will be published on Tuesday. BoE Pill and Mann are set to speak on Monday and Tuesday, respectively. The Pound Sterling (GBP) rebounds strongly as bearish market

Canada August employment +39.9K vs +15.0K expected

[ad_1] Prior was -6.4K Full time +32.2K vs +1.7K prior Part time +7.8K vs -8.1K prior Participation rate 65.5% vs 65.6% prior Average hourly wages permanent employees +5.2% y/y vs +4.7% expected (+5.0% prior) Total average hourly wages 4.9% y/y vs 5.0% prior Unemployment rate 5.5% vs 5.5% prior Participation rate 61.9% vs 62.0% prior

Pound Sterling remains vulnerable due to dismal economic outlook

[ad_1] Share: Pound Sterling finds an intermediate support, but the downside seems favored amid global uncertainty. BoE Dhingra warned that further tightening could hurt the UK economy. Investors shift focus to the July Employment data, which will be released on Tuesday. The Pound Sterling (GBP) discovered intermediate support as investors started digesting the

United Kingdom CFTC GBP NC Net Positions fell from previous £59.1K to £48.4K

[ad_1] Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making

Pound Sterling cracks on hawkish BoE bets, firm US Dollar

[ad_1] Share: Pound Sterling resumes its upside journey as market mood turns upbeat after US job data. UK inflation is highest among G7 economies due to labor shortages and strong wage growth. BoE policymakers warned that interest rates will remain higher for a longer period. The Pound Sterling (GBP) weakens as market sentiment turns bearish

XAU/USD bulls eye $1,950 and US inflation, employment clues for confirmation

[ad_1] Share: Gold Price stays defensive within multi-day-old falling wedge after snapping four-week downtrend. Mixed United States data, pullback in Treasury bond yields lure XAU/USD buyers within bullish chart pattern. Federal Reserve Chairman Jerome Powell, other policymakers defend hawkish bias but cite data dependency to prod Gold bears. Fed’s preferred inflation gauge, NFP

United Kingdom CFTC GBP NC Net Positions up to £59.1K from previous £51K

[ad_1] Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making

United Kingdom CFTC GBP NC Net Positions climbed from previous £47K to £51K

[ad_1] Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making