Event Guide: U.K. Employment Report (December 2024)

January 20, 2025 5:08 am

Expectations of a Bank of England (BOE) interest rate cut and concerns over the U.K.’s fiscal conditions have been putting the British pound on the defensive so far this month. Will this week’s labor market update support the markets’ dovish expectations? Or will they lead to bullish pullbacks for Sterling? Here are points you need to know if you’re trading the U.K. December jobs data release:

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