Long on GBPJPY
GBP News
Speaker: BOE Governor and MPC members;
Effect: More hawkish than expected, good for currency.
Change in the price businesses and the government pay for labor, including bonuses;
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.
Source Office for National Statistics (latest release)
Speaker: BOE Governor and MPC members;
Effect: More hawkish than expected, good for currency.
Change in the price businesses and the government pay for labor, including bonuses;
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.
Source Office for National Statistics (latest release)
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