UK labor market data released today showed further cooling, reinforcing expectations that the BoC would deliver another rate cut in December. In October, Payrolled employment fell -0.1% mom, or -32k, while claimant count rose 29k, exceeding expectations of a 20.3k rise. Wage pressures also eased significantly. Median monthly pay grew just 3.1% yoy, sharply down […]
The post UK unemployment rate jumps to four year high, wages growth slow appeared first on Action Forex.
AUD/CAD moved higher this week as markets increasingly positioned for a divergence in policy outlook between the RBA and the BoC. Attention now turns to the BoC decision today, where rates are expected to remain Read more…
Equity markets may initially react positively if the Federal Reserve delivers a more neutral hold than expected, as outlined in our Fed analysis. A softer tone could ease rate concerns and lift risk sentiment in Read more…
The Federal Reserve is widely expected to leave interest rates unchanged at 3.50–3.75% today, with little room for surprise on the decision itself. Instead, markets are focused squarely on the message. While many participants are Read more…