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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The job situation in the UK looks to be healthy.
Unemployment dropped from 4.1% to 4%, and average earnings grew by 4.9% which is well ahead of inflation.
However the 4.9% growth figure is the lowest growth figure in 2 years. It could add further pressure to the Bank of England to cut rates in November.
All of the above means GBP rates remain relatively unmoved as we go into Tuesday.
With a quiet day ahead, things may not change too much....until breakfast tomorrow.
The UK's inflation number is reported at breakfast time. Analysts expect annualised growth to have dropped below the 2% target to 1.9% as energy prices have lowered.
This will be a critical number for the Pound as it's the leading indicator as to whether the BoE moves rates.
Ahead of that there's Canadian and New Zealand inflation numbers out, so plenty to look at for global currency rates.
Business news discusses the £63 billion secured by the Government for private investment into the UK by overseas companies. It also reflects on the almost nailed on news that Labour will increase the amount of National Insurance paid by employers rather than employees.
CAN 13:30 Inflation Report
NZ: 22:45 Inflation Report
UK: Wednesday 07:00 Inflation Report
As ever we look forward to keeping you in the loop and look out for our next update.
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