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UK Jobs, Inflation & Short Sterling Contract

by Ashraf Laidi
Jul 16, 2014 17:58

With UK inflation picking back up and unemployment rates staying down, the path of interest rate expectations remains on the rise. Sterling's 3-month interest rate contract (known as short sterling) has declined two-year lows (inversely related to interest rates), nearing its 200-week moving average for the first time since 2008. Full charts & analysis

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UK Jobs, Inflation & Short Sterling Contract - Gbpusd Post Jobs Jul 16 (Chart 1)

Act Exp Prev GMT
ILO Unemployment Rate (MAY) ((3m))
6.5% 6.5% 6.6% Jul 16 8:30
 
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