Reply To: Traders Market Weekly: War Drums, Bond Routes, Magnificent Seven Earnings

17 Oct '23 at 9:25 am #66637
Truman
Participant

U.K.’s August Average Earnings Index + Bonus 8.1% yr/yr (expected 8.3%; last 8.5%)

August earnings growth in the U.K. was shy of expectations, fueling speculation that the Bank of England has already reached its terminal rate.