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British Pound drops against Japanese Yen after UK labor market data
The British Pound (GBP) faces slight selling pressure against the Japanese Yen (JPY), dropping to near 208.60 on Tuesday after the release of the United Kingdom (UK) labor market data for three months ending July.
Oil: Saudi pipeline outage supports prices – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil prices have surged as the Saudi East–West pipeline shutdown tightens supply and keeps ICE Brent near recent resistance around $110/bbl.
United Kingdom Claimant Count Rate: 4.4% (August) vs 4.3%
United Kingdom Claimant Count Rate: 4.4% (August) vs 4.3%
4.9%: United Kingdom Unemployment Rate stays unchanged in its three months to July
The United Kingdom’s (UK) ILO Unemployment Rate stayed at 4.9% in the three months to July after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The data came in below the market consensus of 5.0%.
Norway Trade Balance increased to 100.4B in August from previous 84.3B
Norway Trade Balance increased to 100.4B in August from previous 84.3B
United Kingdom ILO Unemployment Rate (3M) below expectations (5%) in July: Actual (4.9%)
United Kingdom ILO Unemployment Rate (3M) below expectations (5%) in July: Actual (4.9%)
United Kingdom Employment Change (3M) fell from previous 83K to 67K in July
United Kingdom Employment Change (3M) fell from previous 83K to 67K in July
United Kingdom Claimant Count Change registered at 27.8K above expectations (8.3K) in August
United Kingdom Claimant Count Change registered at 27.8K above expectations (8.3K) in August
United Kingdom Average Earnings Including Bonus (3Mo/Yr) in line with expectations (3.9%) in July
United Kingdom Average Earnings Including Bonus (3Mo/Yr) in line with expectations (3.9%) in July
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) in line with expectations (3.5%) in July
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) in line with expectations (3.5%) in July
Germany Wholesale Price Index (YoY) increased to 6.8% in August from previous 5.3%
Germany Wholesale Price Index (YoY) increased to 6.8% in August from previous 5.3%
Germany Wholesale Price Index (MoM) above forecasts (0.1%) in August: Actual (0.9%)
Germany Wholesale Price Index (MoM) above forecasts (0.1%) in August: Actual (0.9%)
USD/CAD Price Forecast: Tests 50-day EMA barrier amid potential bullish breakout
USD/CAD continues its winning streak for the fifth consecutive day, trading around 1.3910 during Asian hours on Tuesday.