UK Unemployment Rate (Nov) 5.1% vs. Exp. 5% (Prev. 5.1%)
The UK unemployment rate holding steady at 5.1% against an expectation of 5% suggests some labor market softness, particularly as the number of employees on payroll has declined.
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 Unemployment Rate (Nov) 5.1% vs. Exp. 5% (Prev. 5.1%)
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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- ONS “the number of employees on payroll has fallen again…” and “Meanwhile unemployment remains at the rate reported last month, up on the quarter and the year”.
This outcome may reinforce a dovish bias for the Bank of England, considering it doesn't support tightening measures yet, thereby impacting GBP and fixed income ahead of future monetary policy decisions.
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