UK employment amongst market movers today – Danske Bank

Sandeep Kanihama FXStreet Contributor

Analysts at Danske Bank suggest that in the UK, focus is on the amendments to Theresa May's Brexit Plan B and whether the members of parliament can get behind one or more of them.

Key Quotes

“So far, the problem has been that there is no majority for anything in the House of Commons.”

“The UK jobs report for November is also due, where we estimate both the unemployment rate (three-month average) and the annual growth rate in average weekly earnings (three-month average) were unchanged at 4.1% and 3.3% y/y, respectively.”

“In Germany, focus is on the ZEW survey data for January. The current situation index has been falling over the past three months, which was likely also the case in January.”

“US markets are open again today after being closed yesterday due to Martin Luther King Jr. Day.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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