Unemployment rate for January: 4.4% vs 4.4% expected and 4.4% prior
Employment change: 133k vs 95k expected and 107k prior
Jobless claims for Febryary: 44.2k vs 7.9k expected and 2.8k prior
Average Earnings for January YoY: 5.8% vs 5.9 expected and 6.1 prior
Mixed report from the British labour market. A large increase in employment, but at the same time the previous reading was revised. A large increase in benefit applications, but with the unemployment rate remaining unchanged. Wages fell more than expected, but remain at an elevated level. GBPUSD slightly decreases in the monirng after the release.
Daily Summary: Massive Gains in U.S. Indices Completely Wiped Out
Three Markets to Watch Next Week (02.01.2026)
BREAKING: US December manufacturing PMI holds at 51.8; eases from 52.2 in November📌
BREAKING: S&P Manufacturing PMI data from the UK weaker than expected