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UK wage growth rose to 2.8% in the three months to January, above the 2.6% expected, and unemployment fell to 4.3%, its lowest since 1975. Sterling rose, with the pound-to-dollar rate quoted 0.45% higher at 1.4062.
Stronger UK labour data supports expectations of a Bank of England rate hike, which lifts sterling and has only indirect effects on feed input costs.
poundsterlinglive.comJames SkinnerMar 21, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
