UK Average Earnings excl. Bonus (3Mo/Yr) (May) 3.4% vs. Exp. 3.4% (Prev. 3.4%)
Newsquawk Staff ·
UK Average Earnings excl. Bonus (3Mo/Yr) (May) 3.4% vs. Exp. 3.4% (Prev. 3.4%)
What it means
The UK average earnings growth, excluding bonuses, has come in at 3.4%, matching expectations, but crucially failing to show any upward momentum from the previous 3.4%. This steady reading suggests that wage growth remains subdued, which may influence the Bank of England's monetary policy stance, particularly in terms of inflationary pressures and interest rates.
- New Zealand CPI (Q3 QQ) 0.7% vs. Exp. 0.8% (Prev. 1.5%); Y/Y 3.7% vs Exp. 3.8% (Prev. 4.1%)
- Explosions were reportedly heard in Iran's port city of Sirik, with claims that US forces struck an anti-ship missile launcher targeting vessels in the Strait of Hormuz, Israel's Channel 12 reports
- US Market Wrap: Stocks gain as tech earnings begin
- US President Trump says on embassy staff told to depart, says don't know that they are; we continue to beat Iran
- US waives Russian diesel tax record requirements for buyers
Related headlines
- US President Trump says he had a good meeting on cyber; On embassy staff told to depart, says don't know that they are1 hour ago
- Lam Research (LRCX) Q1 2027 (USD): Adj. EPS 2.20 (exp. 2.18), Revenue 8.22bln (exp. 8.13bln), 2 hours ago
- Meta Platforms Inc (META) Q3 2026 (USD): EPS 3.83 (exp. 6.67), Revenue 64.6bln (exp. 63.31bln)2 hours ago
- US President Trump says closest they've ever been to settling Ukraine/Russia war2 hours ago
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran3 hours ago
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL3 hours ago
- Ukrainian President Zelensky says supports US proposal for trilateral talks at level of negotiators as soon as possible; Ukraine hopes for meeting not later than early November; Meeting could discuss peace and possible leaders’ summit3 hours ago
- Meta (META) must pay USD 25bln in penalties, a New Mexico judge ruled after jury found company misled consumers about privacy4 hours ago
- US Treasury sells USD 13bln of 20-year bonds; tails 0.9bps5 hours ago
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure5 hours ago
- Israeli helicopters flying in the sky of southern Syria, and continued transfer of military forces, equipment and deployment of early warning systems, are being carried out within the framework of preparation for a possible war with Iran, reports Mizan5 hours ago
- Russian Kremlin Aide Ushakov says the conflict in Ukraine is nearing an end, IFX reports7 hours ago
- Newsquawk European Market Wrap - 21st October 20268 hours ago
- Russia's Kremlin says US envoy Witkoff briefed Russian President Putin on his talks is Oslo and new approaches, but nothing of real use in context of a peace settlement8 hours ago
- Canadian PM Carney is expected to announce tariff support measures for the steel and automotive sectors8 hours ago