Intraday Market Thoughts
UK Jobs, Inflation & Short Sterling Contract
by
Jul 16, 2014 17:58
With UK inflation picking back up and unemployment rates staying down, the path of interest rate expectations remains on the rise. Sterling's 3-month interest rate contract (known as short sterling) has declined two-year lows (inversely related to interest rates), nearing its 200-week moving average for the first time since 2008. Full charts & analysis
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Act | Exp | Prev | GMT |
---|---|---|---|
ILO Unemployment Rate (MAY) ((3m)) | |||
6.5% | 6.5% | 6.6% | Jul 16 8:30 |
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