Webinar: A Look at the Latest UK Inflation Data, Will it Support GBP?
In this webinar we will cover July’s UK inflation readings and whether a weak Sterling continues to be the root cause of ongoing price increases. In a week where the ONS will also release UK Wages and Employment data (Wednesday Aug 16) and the latest Retail Sales numbers (Thursday Aug 17), today’s data will help shape UK asset moves in the short-term. We will also discuss the latest in the Brexit negotiations after UK Brexit minister David Davis released the first of 12 UK official position papers.
Martin Essex will be covering the UK jobless claims and wages data from 08:15 GMT on Wednesday August 15 here.
Discussions include –
- UK inflation continues to trade above the central bank’s target of around 2% due to increased input price pressure.
- UK asset markets are currently pricing in slightly higher inflation readings.
- The unemployment rate is expected to hold steady at 4.5% on Wednesday – will wages grow from their current lowly level?
- The UK is seeking an interim customs agreement with the EU to minimize friction – what will the EU’s response be?
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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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.