{"id":11911,"date":"2024-06-11T08:11:28","date_gmt":"2024-06-11T07:11:28","guid":{"rendered":"https:\/\/cambridgecurrencies.com\/?p=11911"},"modified":"2024-06-23T17:20:31","modified_gmt":"2024-06-23T16:20:31","slug":"aussie-confidence-falls-uk-jobless-rate-up-key-reports-ahead","status":"publish","type":"post","link":"https:\/\/cambridgecurrencies.com\/aussie-confidence-falls-uk-jobless-rate-up-key-reports-ahead\/","title":{"rendered":"Aussie Confidence Falls, UK Unemployment &amp; Key Reports Ahead"},"content":{"rendered":"\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" height=\"1024\" width=\"1024\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/cambridgecurrencies.com\/wp-content\/uploads\/2024\/06\/Market-Comment-21-1024x1024.png?resize=1024%2C1024&#038;ssl=1\" alt=\"A text explaining UK Unemployment\" class=\"wp-image-11912\" style=\"aspect-ratio:3\/4;object-fit:cover\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"padding-right:var(--wp--preset--spacing--40);padding-left:var(--wp--preset--spacing--40);flex-basis:66.66%\">\n<h1 class=\"wp-block-heading\">Aussie Confidence Falls, UK Unemployment &amp; Key Reports Ahead<\/h1>\n\n\n\n<p><strong>Australia<\/strong>: Earlier today, at 2:30 a.m., Australia reported that NAB <strong>Business Confidence<\/strong> for May declined to<strong> -3<\/strong>, falling from 2 in the last reading. This indicates businesses in Australia are getting more pessimistic than before.<\/p>\n\n\n\n<p><strong>United Kingdom<\/strong>: Released UK Unemployment Rate for April at 7:00 a.m., posting a <strong>4.4%<\/strong>\u2014above the expected and prior level of 4.3%. A slight increase in the rate raises speculation over UK job and economic front.<\/p>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color wp-elements-1dd77810098fd1c04175149a96958ab4\" style=\"font-size:0px\">UK Unemployment<\/p>\n\n\n\n<p><strong>Tomorrow<\/strong>: Is set to be a big day with several key economic reports:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>UK GD<\/strong>P: The UK&#8217;s GDP report will be released in the morning, with a forecast of 0.1%.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>U.S. Inflation<\/strong> and <strong>Interest Rates<\/strong>: Later, the U.S. will announce its inflation figures. The Federal Reserve is expected to keep interest rates at <strong>5.5%<\/strong>, and the inflation rate is forecasted to stay at 3.6%.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-background-color has-text-color has-link-color wp-elements-1dd77810098fd1c04175149a96958ab4\" style=\"font-size:0px\">UK Unemployment<\/p>\n\n\n\n<p>The <strong>GBP\/USD<\/strong> pair fell back from a high of 1.2740 to<strong> 1.2720<\/strong> after the UK employment data came in slightly better than expected. All eyes are now on the US inflation data set to come out tomorrow.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/cambridgecurrencies.com\/contact\/\">Need Market Assistance?<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aussie Confidence Falls, UK Unemployment &amp; Key Reports Ahead Australia: Earlier today, at 2:30 a.m., Australia reported that NAB Business Confidence for May declined to -3, falling from 2 in the last reading. This indicates businesses in Australia are getting more pessimistic than before. United Kingdom: Released UK Unemployment Rate for April at 7:00 a.m., [&hellip;]<\/p>\n","protected":false},"author":244711593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[97],"tags":[50518688,50518605,50518636,50518602,50518593,50518635,50518620,50518685,50518687,50518686],"class_list":["post-11911","post","type-post","status-publish","format-standard","hentry","category-market-insight","tag-australian-economy","tag-economicdata","tag-economicindicators","tag-forexnews","tag-gbpusd","tag-globaleconomy","tag-marketupdate","tag-ukgdp","tag-ukunemployment","tag-usinflation"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfpkhv-367","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/users\/244711593"}],"replies":[{"embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/comments?post=11911"}],"version-history":[{"count":5,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11911\/revisions"}],"predecessor-version":[{"id":13370,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/posts\/11911\/revisions\/13370"}],"wp:attachment":[{"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/media?parent=11911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/categories?post=11911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cambridgecurrencies.com\/wp-json\/wp\/v2\/tags?post=11911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}