Hello, dear traders! We hope you have a great day! Let’s see what news is worth following today! Market closing US stock exchanges will be closed due to the Thanksgiving holiday…
British employment dips in the third quarter
In Great Britain, the overall number of people in work went down by the most for more than two years for the last three months to September. It’s a fresh sign of weakness in the country’s Brexit-bound economy, as official data disclosed on Wednesday.
Additionally, the inactivity rate, which is a measure of folks not in work and not looking for a job, tacked on by the most in almost eight years, as the Office for National Statistics informed.
The data revealed that the unemployment rate kept to a four-decade minimum of 4.3% as the number of folks in employment went down by 14,000, while pay surge was still much slower than inflation.
As the ONS told, employees’ total earnings, including bonuses, rallied by an annual 2.2% for the three months to September versus 2.3% for the three months to August.
It turned to be weaker than the latest 3% outcome of UK consumer price inflation.
Financial experts, who took part in a Reuters survey, had expected wage surge of 2.1%.
Today, two events will shake the US dollar. First, at 16:45 GMT+2, Markit, a statistical company, will release the US Flash Services PMI. Moreover, at 21:00 GMT+2, the Federal Reserve will release its meeting minutes.
This Wednesday will be heaven for day traders. A considerable number of events will make the market volatile. Don't miss it!
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Good morning, dear traders! Hope you’re doing great! Let’s talk about the news that is worth following today! Key market events: 15:30 MT, CAD GDP m/m 17:00 MT, GBP BOE Gov Bailey Speaks Oil is tensed again Oil rose as China refined its approach…