UK Average Earnings incl. Bonus (3Mo/Yr) (Nov) 4.7% vs. Exp. 4.6% (Prev. 4.8%, Rev. 4.7%)
The UK average earnings growth, including bonuses, came in at 4.7%, slightly exceeding expectations of 4.6%.
Japan Chief Cabinet Secretary Kihara says long term rate moves are to be determined by markets; are watching market moves incl. long-term rates
Additional European Equity News
UK Average Earnings incl. Bonus (3Mo/Yr) (Nov) 4.7% vs. Exp. 4.6% (Prev. 4.8%, Rev. 4.7%)
Newsquawk Daily European Equity Opening News - 20th January 2026
US President Trump posts "Thank you to Mark Rutte, the Secretary General of NATO!"
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While this output shows a marginal beat, it represents a slight decrease from the previous print of 4.8%, suggesting some cooling in wage growth. This could influence expectations around the Bank of England's policy decisions, particularly in the context of their inflation targets and rate path, potentially supporting a dovish stance if wage pressures continue to moderate.
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