Tuesday, October 13, 2015

The most ket data event for the pound - BBH

FXStreet (Guatemala) - Analysts at Brown Brothers Harriman noted that perhaps the most important UK news will come Thursday with the jobs report.

Key Quotes:

"Average weekly earnings are reported with an extra month lag so that the August period will be covered. Earnings growth reported on a three-month year-over-year basis is expected to have ticked up to 3.1% from 2.9%. Recall that in June 2014, average earnings had fallen by 0.2%.

The pace of increase, with a tight labor market by various measures, is the one key argument for the hawks, but whether McCafferty can get others to join his lone dissent (twice now) is a different story."
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