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Tuesday, June 11, 2024

European Markets Wrap-Up: UK April ILO unemployment rate 4.4% vs 4.3% expected

UK April ILO unemployment rate 4.4% vs 4.3% expected

Prior 4.3% Employment change -140k vs -100k expected Prior -177k Average weekly earnings +5.9% vs +5.7% 3m/y expected Prior +5.7%; revised to +5.9% Average weekly earnings +6.0% vs +6.1% 3m/y expected... 

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FX option expiries for 11 June 10am New York cut

There aren't any major expiries to take note of on the day. That speaks to the lack of interest in price levels for today mostly. The main events in markets will only kick off tomorrow, so there is no... 

UK labour market report the highlight of the agenda today

It's been a slower start to proceedings as markets are on edge ahead of the main events coming up later in the week. The euro fell yesterday but it owed to political angst over the weekend. Besides th... 

BOJ to begin tapering bond purchases at this week's meeting - poll

20 of 32 (~63%) economists project the BOJ would make a decision on bond buying 5 of 32 (~16%) economists project the BOJ would decide in July instead 3 of 32 (~9%) economists project the BOJ would de... 

Australia's ANZ forecast the first RBA rate cut in February 2025 (from November 2024)

ANZ is one of Australia's biggest four banks. Like many others analysts, the bank had been tipping a late 2024 rate cut from the RBA. Persistent sticky high inflation has seen them push that out now f... 

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FX option expiries for 11 June 10am New York cut

There aren't any major expiries to take note of on the day. That speaks to the lack of interest in price levels for today mostly. The main events in markets will only kick off tomorrow, so there is no... 

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