UK claimant count unemployment change July -33.6k vs -30k exp -39.5k prev revised down from -36.3k unemployment rate June 6.4% vs 6.4% exp vs 6.5% prev lowest rate since 0ct-dec 2008 average weekly earnings 3month y/y June -0.2% vs -0.1% exp vs +0.4% prev revised up from +0.3% ave weekly earnings ex bonus 3month y/y June +0.6% vs +0.7% exp/prev Weaker wage growth the key here as expected and I highlighted earlier. First weekly fall since 2009 although June’s reading on its own was +0.4%. Lowest ex-bonus reading on record GBPUSD down to 1.6794 before finding some buyers ahead of the 1.6785-90 bids EURGBP testing above 0.7950 but currently 0.7949
Posted on: Wed, 13 Aug 2014 08:45:59 +0000
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