UK employment data

• Average earnings with bonuses (August),  fact 2.7%, forecast 2.6%.
• Claimant count change  (September), fact 18.5K, forecast 4.5K.
• Unemployment rate (Aug), fact 4.0%,  forecast 4.0%.

Despite the ambiguous employment report in the UK,  general dynamics of the indicator remains within the limits of the upward trend. A negative factor in the report was the continued growth in the number of applications for benefits, which will limit the growth of optimism regarding the pound.

Fig. Graph of the claimant count changes in the UK

 

The dynamics of the British pound remains positively limited to maintaining optimism for Brexit and maintaining an uptrend.

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Hanzenko Anton

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