Latest News

  • GSM Arena
  • Markets await UK jobs report and German ZEW data - business live | Business

Source: GSM Arena
Rate: 5 5

See the news Markets await UK jobs report and German ZEW data - business live | Business from Source GSM Arena on 16/04/2019 has been updated to day with the theme on feedixo.

Markets await UK jobs report and German ZEW data - business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.A flurry of fresh economic data from the UK, Germany and the US will give us a fresh insight into the health of the global economy today.In the UK, the big event will be the unemployment report for the three months to February. It’s likely to show the jobless rate has stuck at its lowest level in over 40 years at just 3.9%, in the face of relentless Brexit drama. Wage growth (excluding bonuses) is also expected to hold steady at 3.4%, meaning earnings would be outpacing inflation.Marc Ostwald of ADM Investor Service predicts that UK firms also kept hiring workers, though at a slower rate than last year.For all the chatter about weak and/or cautious UK business investment, restrained by a lack of clarity on Brexit outcomes, the UK labour has proved impressively resilient, and today’s report is not expected to alter that perception.Employment is seen posting a solid 171K gain, slower than the...

The news of the agency (GSM Arena) and site feedixo any responsibility in publishing it.

See the news Markets await UK jobs report and German ZEW data - business live | Business from Source GSM Arena on 16/04/2019 has been updated to day with the theme on feedixo.