According to analysts at TD Securities, this morning’s UK labour market report was disappointing, with the unemployment rate unexpectedly rising to 3.9% (mkt 3.8%). Key Quotes “Headline wage growth also slowed unexpectedly to 3.8% y/y (mkt 4.0%), although underlying wage growth is still looking solid, with private sector regular pay sitting at 4.0% y/y for the third month in a row, and with a 3m/3m annualised rate of over 5%.” “So overall wage growth wasn’t too bad, but the jobs numbers themselves were softer, with employment at -56K on a 3m/3m basis, its worst print since May 2015. If the PMIs are any indication, then we expect to see the jobs data soften further in the coming months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson spokesman: Focus is on getting a deal, we want to achieve that as soon as possible FX Street 4 years According to analysts at TD Securities, this morning's UK labour market report was disappointing, with the unemployment rate unexpectedly rising to 3.9% (mkt 3.8%). Key Quotes "Headline wage growth also slowed unexpectedly to 3.8% y/y (mkt 4.0%), although underlying wage growth is still looking solid, with private sector regular pay sitting at 4.0% y/y for the third month in a row, and with a 3m/3m annualised rate of over 5%." "So overall wage growth wasn't too bad, but the jobs numbers themselves were softer, with employment at -56K on a 3m/3m basis, its worst print since May 2015. If the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
