EUR/USD
1.18329
-0.149%
Gold
4910.52
-1.615%
Oil
63.090
-0.747%
USD/JPY
153.011
-0.327%
GBP/USD
1.35590
-0.515%
GBP/JPY
207.468
-0.829%
Real-time News
Bank of Americas February fund manager survey: (Corporate) earnings expectations reached their highest level since August 2021, but investors say companies are "over-investing" at a record pace.Bank of Americas February fund manager survey: Global investors remain "extremely optimistic," but asset price upside is limited in the first quarter.February 17th - The UK unemployment rate rose to its highest level in nearly five years, and wage growth also slowed as the labor market continued to weaken, potentially meaning the central bank will cut interest rates in the spring. The UK Office for National Statistics said on Tuesday that the unemployment rate rose to 5.2% in the fourth quarter of last year, higher than economists had predicted. The Bank of Englands preferred indicator of private sector wage growth also fell to 3.4%, the lowest level in more than five years. Taken together, these figures are likely to reassure Bank of England policymakers, as inflationary pressures in the labor market are easing rapidly enough to prompt them to cut interest rates again.February 17th - The UK Office for National Statistics said on Tuesday that annual wage growth, excluding bonuses, fell to 4.2% in the last three months of 2025, lower than the same period of the previous year. The Bank of England is monitoring wage growth as an indicator of how long the UKs inflation above target will persist. On Monday, investors almost fully priced in expectations of two 25-basis-point rate cuts by the Bank of England before the end of the year, as concerns about inflation gave way to worries about the labor market and the overall economy.Eurozone Stoxx 50 futures fell 0.40%, German DAX futures fell 0.40%, and UK FTSE 100 futures fell 0.03%.
