
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
UK employees are expected to face another hit to their spending power next year, while the vast majority of their peers in the world's other well-developed economies will enjoy small gains, as human resources company Korn Ferry informed on Tuesday.
A combination of high inflation, provoked in large part by the 2016 Brexit vote as well as poor wage surge means UK employees are expected to see their salaries dive in real terms by approximately 0.5% in 2018, according to a poll issued by the company.
As the most recent official data states, UK average weekly earnings declined by an annual 0.4% in the three months to September when updated for inflation.
Worldwide, inflation-adjusted wages are believed to soar by 1.5% in 2018, Korn Ferry told, which is the weakest forecast soar for five years. It definitely underscores the challenge for policymakers in many countries with low unemployment and poor wage surge.
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
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Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
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