Parliamentary Election

The U.K. Parliamentary Election released by the United Kingdom Parliament elects 650 members to the United Kingdom's Lower House of Parliament. It is a significant event to determine the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth in the u.K. The election might affect the GBP volatility.

Thursday 4 July 2024 00:00

Trading range

Past events

Date
Thursday 4 July 2024 00:00

Economic context

Recent economic data has been moderately bearish for GBP. The following recent announcements may affect the market reaction to Parliamentary Election:

PreviousLatest
Consumer Price Index (MoM)Bearish change0.4%0.3%
Consumer Price Index (YoY)Bearish change2.8%2.6%
Core Consumer Price Index (YoY)Bearish change3.5%3.4%
Retail Price Index (MoM)Bearish change0.6%0.3%
Retail Price Index (YoY)Bearish change3.4%3.2%
Average Earnings Excluding Bonus (3Mo/Yr)Bullish change5.8%5.9%
Average Earnings Including Bonus (3Mo/Yr)(no change)5.6%5.6%
Claimant Count ChangeBearish change16.5K18.7K
Claimant Count RateBearish change4.6%4.7%
Employment Change (3M)Bullish change144K206K
ILO Unemployment Rate (3M)(no change)4.4%4.4%
BRC Like-For-Like Retail Sales (YoY)(no change)0.9%0.9%
Gross Domestic Product (MoM)Bullish change0%0.5%
Industrial Production (MoM)Bullish change-0.5%1.5%
Manufacturing Production (MoM)Bullish change-1%2.2%

About Parliamentary Election

Country:United Kingdom
Currency:GBP
Source:
Category:Politics
Frequency:Irregular
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