Market insights

UK Unemployment Rate Imminent - MI111223

Tomorrow breakfast time sees the UK's unemployment rate being reported. The expectation is for the rate to remain unchanged at 4.2%.

That's the only scheduled news in the next 24 hours other than a speech from the Reserve Bank of Australia's Governor, Michele Bullock.

Business news centres on UK mortgages. The amount of lending is expected to fall in 2024. However the average 2 year fixed rate has dropped below 6% for the first time since June.

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Economic calendar

AUS: 22:20 RBA's Michele Bullock Speech

UK: Tuesday 07:00 Unemployment Rate

As ever we look forward to keeping you in the loop and look out for our next update.

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