Sterling is making notable gains after UK employment data revealed an unexpected drop in the unemployment rate for June. Additionally, July’s figures showed continued growth in payrolled employment and a rebound in wage growth. This robust set of data strengthens the position of the hawks within BoE’s MPC, who incline to maintain a cautious stance […]
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Transcript: Conway Gittens: I’m Conway Gittens reporting from New York City. Here’s what we’re watching on TheStreet today. Wall Street looked to the bond market for guidance on Monday following the biggest weekly stock market rout Read more…