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UK average weekly earnings 3-month/year Oct +2.4% vs +2.5% exp

Latest UK wages/jobs data now out

  • +3.0% prev
  • weekly earnings ex bonus 2.0% vs +2.3% exp vs +2.4% prev rev down from +2.5%
  • Nov claimant count rate +2.3% as exp/prev
  • Unemployment rate 5.2% vs 5.3% exp/prev
  • employment change +207k vs 150k exp vs 177k prev

Softer wages data being tempered by better jobs release

GBPUSD back to 1.5004 from a test of 1.4985 support/bids

EURGBP back to 0.7275 after another failure into 0.7300

Full report from the ONS here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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