Seeking Alpha

U.K. unemployment unexpectedly edges up

  • U.K. unemployment for the three months to December unexpectedly rose to 7.2% from 7.1% previously and topped estimates that were 7.1% also. (PR)
  • Meanwhile, the Bank of England's Monetary Policy Committee voted unanimously - as expected - to keep interest rates at 0.5% and against more quantitative easing at a meeting earlier this month, the minutes of the meeting show.
  • The pound slides vs the dollar and is -0.1% at $1.6677; the FTSE is +0.1%.
  • ETFs: FXB, EWU, GBB, FKU, EWUS, DXPS, DBUK
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Comments (1)
  • u01bsb0
    , contributor
    Comments (645) | Send Message
     
    same figures, completely different views.

     

    http://bbc.in/1huDdrC
    19 Feb, 05:59 AM Reply Like
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