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076 – NFP print reinforces a resilient job market despite revisions
The NFP showed higher average hourly earnings and a lower unemployment rate than expected. The FOMC statement suggests a pause, the RBA delivered
a surprise rate hike and the ECB increased rates by a smaller increment. This week we get CPI data on Wednesday and the BoE is expected to increase its
official bank rate by 25bps. Disney is set to release results this week and Friday delivers UK GDP and industrial production.
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By FXCMThe NFP showed higher average hourly earnings and a lower unemployment rate than expected. The FOMC statement suggests a pause, the RBA delivered
a surprise rate hike and the ECB increased rates by a smaller increment. This week we get CPI data on Wednesday and the BoE is expected to increase its
official bank rate by 25bps. Disney is set to release results this week and Friday delivers UK GDP and industrial production.