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Real wage growth squeeze to weigh over UK GDP - Tip TV
Manage episode 181084520 series 1339323
Regular pay growth in the UK rose by just 1.7% in the three months to April, falling further behind inflation, which rose to 2.9% in May. Mike Ingram, Strategist at BGC Partners says the real wage growth squeeze would weigh over the UK GDP.
Ingram adds, “The US macro picture is looking extremely soft”. He is surprised that the Fed is sticking with the balance sheet reduction story.
Watch the full segment for more info on -
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Broker Recommendations
#UK, #wages, #GDP, #indicator, #economy, #macro, #fundamentals, #currencies, #forex, #commodities, #stocks, #equities, #indices, #trading, #investing, #finance
2340 episoade
Manage episode 181084520 series 1339323
Regular pay growth in the UK rose by just 1.7% in the three months to April, falling further behind inflation, which rose to 2.9% in May. Mike Ingram, Strategist at BGC Partners says the real wage growth squeeze would weigh over the UK GDP.
Ingram adds, “The US macro picture is looking extremely soft”. He is surprised that the Fed is sticking with the balance sheet reduction story.
Watch the full segment for more info on -
Upbeat China data released in Asia
FX Sentiment powered by Oanda
Trade of the day
Broker Recommendations
#UK, #wages, #GDP, #indicator, #economy, #macro, #fundamentals, #currencies, #forex, #commodities, #stocks, #equities, #indices, #trading, #investing, #finance
2340 episoade
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