OctaFX | OctaFX Forex Broker
Open trading account

UK: Signs of slowing in the labor market - BBH

The UK's employment report showed signs of slowing in the labor market as the number of people working fell (14k) for the first time in a year, points out the research team at BBH.  

Key Quotes

“Those neither working nor looking for work rose by the most in seven years.  The unemployment rate was unchanged at 4.3%.  Average weekly earnings rose 2.2% in the three-month year-over-year period, after the upward revision to 2.3% in the period ending in August.”

“Excluding bonus payments, weekly earnings rose at 2.2%, the same as previously.  Sterling initially rallied on the news and reached the session high (~$1.3215) before sliding back to session lows (a little below $1.3140).  It then recovered to little-changed levels (~$1.3165).”  

US: Expect a 0.11% m-o-m increase in headline CPI inflation - Nomura

Analysts at Nomura expect a 0.11% m-o-m increase in US headline CPI inflation after the core CPI surprised to the downside in September, rising only b
Read more Previous

EUR/NOK looks overbought – Danske Bank

The up move in the cross appears overdone for the time being, suggested Jens Sorensen, Chief Analyst at Danske Bank. Key Quotes “NOK was also hit ha
Read more Next
Start livechat