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BoE's Carney: Labor market tightening is set to continue

During the November Inflation Report parliamentary hearing, the Bank of England Governor Mark Carney said on the UK labor market and wages:

  • Bank of England Governor Mark Carney said expects wage growth to continue gradual improvement.
  • Carney said financial markets have been pricing in some possibility of hard Brexit shock.
  • Carney said he expects further labor market tightening with wages rising further pressing on inflation. 

USD/CAD hits fresh session tops, 1.32 mark back on sight

   •  A goodish pickup in the USD demand helps reverse an early dip.    •  Subdued oil price action does little to influence the Loonie.    •  Trade
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NOK: In line to be hammered in to year-end – Nordea Markets

According to analysts at Nordea Markets, things are heating up for the NOK as a plummeting oil price and weakening consumption growth suddenly speaks
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