In this webinar we look ahead to a raft of important UK data releases for July. Will the latest inflation, jobs and wages data give us any clues when trading GBP crosses and will the currently weak FTSE 100 find any relief in the numbers or will it fall further? The current financial backdrop is further clouded by the increased rhetoric between the US and N Korea, causing markets to adopt a negative stance and trade firmly risk-off.
Discussions include –
- UK inflation continues to trade above the central bank’s target and looks set to stay there for the time being.
- With wages currently running below inflation, UK consumers have less disposable income at a time when the UK economy is struggling to push ahead.
- Thursday’s retail sales figures will give us a better idea of the state of the UK High Street.
- Unofficial sources suggest that the UK government will shortly be publishing up to 12 official Brexit position papers to give clarity to the ongoing talks with the EU.
If you missed this webinar and would like to know about future events, see the full DailyFX webinar schedule here.
--- Written by Nick Cawley, Analyst
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