Global macro overview for 13/08/2018
August 13, 2018 5:22 pmVideo
Latest News
- Key events on May 3: fundamental analysis for beginners May 3, 2024
- Trading plan for GBP/USD on May 3. Simple tips for beginners May 3, 2024
- Trading plan for EUR/USD on May 3. Simple tips for beginners May 3, 2024
- Forecast for EUR/USD on May 3, 2024 May 3, 2024
- Forecast for GBP/USD on May 3, 2024 May 3, 2024
- Forecast for USD/JPY on May 3, 2024 May 3, 2024
- The euro did not understand the Fed’s signals May 3, 2024
- Analysis of GBP/USD pair on May 2nd. The final chord for the dollar May 2, 2024
- Analysis of EUR/USD pair on May 2nd. The market calmly responded to the FOMC meeting May 2, 2024
- Technical Analysis – GBPJPY returns to pre-intervention levels May 2, 2024
- JPY terrifies traders May 2, 2024
- Fed makes tough decision May 2, 2024
- USD/JPY: Simple trading tips for novice traders on May 2nd (US session) May 2, 2024
- GBP/USD: Simple trading tips for novice traders on May 2nd (US session) May 2, 2024
- EUR/USD: Simple trading tips for novice traders on May 2nd (US session) May 2, 2024
- GBP/USD: trading plan for the US session on May 2nd (analysis of morning deals). The pound was pushed below 1.2521 May 2, 2024
- EUR/USD: trading plan for the US session on May 2nd (analysis of morning deals). Euro bought around 1.0700 May 2, 2024
- EUR/USD. May 2nd. US statistics disappoint once again May 2, 2024
- Technical Analysis – EURUSD capped by 20-day SMA as rebound falters May 2, 2024
- Forex forecast 05/02/2024: EUR/USD, USD/JPY and Gold from Sebastian Seliga May 2, 2024
The organization associating heads of human resources departments in British companies informed on Monday that the decrease in the number of migrants coming to the UK with the EU caused by next year’s Brexit, deepened the problems of employers with finding appropriate employees.
The Chartered Institute of Personnel and Development (CIPD) report emphasizes that the demand for new employees exceeds the number of people available on the market, and employers increasingly choose to increase their employees’ remuneration, creating incentives for staying in their current workplace. According to the calculations, there are currently 20 people per one job not requiring professional qualifications, four less than a year earlier, and for positions for people with higher education – only six instead of eight, which limits the choice of the right candidate. At the same time, up to two-thirds of employers reported that they had problems filling certain jobs.
CIPD remarked that the growing problems in the labor market are directly related to the reduced interest in working in Great Britain on the part of migrants from the other 27 Member States of the European Union in the face of next year’s Brexit. During the year from March 2017 to March 2018, the number of employees from the European Union residing in the country increased by only 7,000. people, in comparison with the increase by as much as 148 thousand. people a year earlier.
The United Kingdom should leave the European Union on March 29, 2019. According to the transitional agreement, all existing rules, including those concerning the free movement of people, will be in force until December 31, 2020.
Let’s now take a look at the GBP/USD technical picture at the H4 time frame. The price is still trading inside the range between the levels of 1.2733 – 1.2793 in extremly oversold market conditions. In order for bulls to control the market again, the price would have to break through the level of 1.2956.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: