All the day’s economic and financial news, including a new healthcheck on the UK jobs market at 9.30am GMT 8.15am GMT EUROPE’S STOCK MARKETS HAVE OPENED CAUTIOUSLY, AS INVESTORS SIT TIGHT AHEAD OF TODAY’S UK UNEMPLOYMENT REPORT, AND THE FED MEETING TONIGHT. London’s FTSE 100 has dipped by 16 points, or 0.25%, and there are similar declines in France and Germany. 7.55am GMT Michael Hewson of CMC Markets agrees that today’s earnings figures are particularly important, following the rise in inflation from 0.9% to 1.2% yesterday. INFLATION CERTAINLY APPEARS TO BE ON THE WAY BACK IN THE UK IN NUMBERS RELEASED YESTERDAY, which showed that CPI hit its highest levels in two years driven primarily by clothing and fuel prices, while a rise in import prices to their highest levels since 2011 was an unwelcome portend of what could be around the corner in 2017. UNEMPLOYMENT IS EXPECTED TO REMAIN AT 4.8%, while average earnings are expected to remain at 2.3%. Today's econ news - ONS employment data: unemployment rate and average earnings are forecast to remain steady at 4.8% and 2.3% respectively pic.twitter.com/VKhFhK4UXO 7.40am GMT GOOD MORNING, AND WELCOME TO OUR ROLLING COVERAGE OF THE WORLD ECONOMY, THE FINANCIAL MARKETS, THE EUROZONE AND BUSINESS. Employment growth momentum is fading but it is still early days as far as capturing the referendum effect is concerned. The most important question: Will Trump tweet about this week's Fed decision. https://t.co/ty6k66ttFP via @chrisjcondon Related: Greece 'boxed in' as EU and IMF fight over nation's debt relief plan Dixons says no impact so far on demand from Brexit but is planning for 'more uncertain times ahead' Continue reading...
 |
| READ THE ORIGINAL POST AT www.theguardian.com |
