UK employment sets another record

Hi everyone,

Whilst average earnings in the UK are lower than 10 years ago because of inflation, the unemployment rate is at its lowest since 1975. Earnings are slowly on the up and have returned to pre-referendum levels, but still way behind the growth path it should be on. Employment levels however continue to outperform market forecasts.

To Brexit news and we are not due to hear anything significant until the House of Commons vote on the customs union next month. For now, traders will try and decipher which direction Brexit will go and the market will remain around the current levels. 

Plenty of data due out Wednesday & Thursday to keep an eye on with UK retail sales looking likely to weaken the Pound slightly if forecast. 




Upcoming Data


Tuesday, 16th April, 2019

13:15 US - Industrial/manufacturing production & housing market index

Wednesday, 17th April, 2019

08:30 UK - CPI, RPI, PPI & house price index
08:30 EU - Euro-Zone trade balance & CPI
11:00 US - Mortgage applications
12:30 US - Trade balance
13:00 UK - Governor Carney conference
14:00 US - Wholesale inventories
14:30 US - Crude oil inventories
18:00 US - Fed reserve releases beige book

Thursday, 18th April, 2019

06:00 EU - German CPI
07:15 EU - French PMI
07:30 EU - German PMI
08:00 EU - Euro-Zone PMI
08:30 UK - BoE credit conditions & retail sales
12:30 US - Initial/continuing jobless claims & retail sales
13:45 US - PMI
14:00 US - Business inventories

Friday, 19th April, 2019

12:30 US - Housing starts & building permits


Dan Waterman
Office Manager

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