Heavyweight UK Data Ahead of European Cash Open Tomorrow for

Ahead of the European cash open, we welcome potentially heavyweight UK data at 7:00 am GMT. As I am sure you’re already aware, I must point out that traders will be viewing the unemployment metric with some trepidation due to problems with data collection. Market consensus, however, forecast a slight uptick in the unemployment rate to 4.0% in the three months to December 2023 from 3.9% in November. I do not see 4.0% causing too many ripples in the financial markets, though a marked …