UK Jobs, Inflation & Short Sterling Contract

by Ashraf Laidi

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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