UK jobs data<\/a> shows that unemployment ticked higher to 4.3% and the total number of employed fell by 200k. But wage growth rose to a record 8.5% which is a headache for the BoE.<\/p>\nHigher inflationary pressures keeps the pressure on the central bank to hike interest rates again.<\/p>\n
The euro has recovered from daily lows after data showed that Spanish inflation rose to 2.4% from 2.1%<\/p>\n
Attention is now on the German ZEW economic sentiment which is set to fall to -15 from -12.3, highlighting the deteriorating outlook in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising after losses yesterday. The pound is recovering after UK jobs data shows that unemployment ticked higher to 4.3% and the total number of employed fell by 200k. But wage growth rose to a record 8.5% which is a headache for the BoE. Higher inflationary pressures keeps the […]<\/p>\n","protected":false},"author":163946598,"featured_media":5595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-115020","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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