Market Focus

On Wednesday, January 24, 2018, it is worth paying attention to the economic values in the UK. Data on the unemployment rate, on changes in the number of applications for benefits and data on average wages will be published. These indicators are the most important data of the social sector and indicate the welfare of the population.

According to the forecast, the unemployment rate in November remained at the level of 4.3%. The change in the number of applications for unemployment benefits in December was 3.55 thousand, which is lower than the previous value of 6.0 thousand. The average weekly income, total payments, on an annual basis slowed its growth to a level of 2.3%, against the previous value at the level of 2.5%. The release of data within the forecast can cause a mixed reaction of the pound, so one should expect its movement within 30-40 points against competitors.

Alexander Sivtsov