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UK Unemployment Rate climbs to 4.6% in the quarter to April as expected

  • The UK Unemployment Rate rose to 4.6% in three months to April.
  • The Claimant Count Change for Britain stood at 33.1K in May.
  • GBP/USD holds losses below 1.3550 after weak UK employment data.

The United Kingdom’s (UK) ILO Unemployment increased to 4.6% in the three months to April after reporting 4.5% in the quarter to March, data published by the Office for National Statistics (ONS) showed on Tuesday.

The data aligned with the market estimates.

more to come ...

Sweden Industrial Production Value (YoY): 5% (April) vs -3.5%

Sweden Industrial Production Value (YoY): 5% (April) vs -3.5%
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Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $64.52 per barrel, down from Monday’s close at $64.55.
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