11.11.2015 - Unemployment in the UK has fallen to 5.3%

Today in the UK has been published statistics on the labor market. Thus, the unemployment rate fell to the lowest level since April 2008 - 5.3%, which was 0.1% better than market expectations. At the same time, wage growth was 3.0%, which coincided with the previous indicator, but it was 0.2% worse than expected. It should be noted that the employment rate was 73.7%, which was the highest value since 1971, when they began to monitor statistics on this indicator. Despite the positive news on the labor market, increasing British pound is restrained by the expectations of the Fed raising interest rates and low inflation in the UK. Our medium-term outlook for the British pound remains negative.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.