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 broadly neutral for GBP. The following recent announcements may affect the market reaction to Parliamentary Election:

PreviousLatest
Gross Domestic Product (QoQ)(no change)0.1%0.1%
Gross Domestic Product (YoY)Bullish change1.4%1.5%
Retail Sales (MoM)Bearish change1.4%1%
Retail Sales (YoY)Bullish change0.6%2.2%
Retail Sales ex-Fuel (MoM)Bearish change1.6%1%
Retail Sales ex-Fuel (YoY)Bullish change0.8%2.2%
Consumer Price Index (MoM)Bullish change-0.1%0.4%
Consumer Price Index (YoY)Bearish change3%2.8%
Core Consumer Price Index (YoY)Bearish change3.7%3.5%
Retail Price Index (MoM)Bullish change-0.1%0.6%
Retail Price Index (YoY)Bearish change3.6%3.4%
S&P Global/CIPS Composite PMIBullish change50.552
S&P Global/CIPS Manufacturing PMIBearish change46.944.6
S&P Global/CIPS Services PMIBullish change5153.2
GfK Consumer ConfidenceBullish change-20-19
BoE MPC Vote Rate CutBullish change91
BoE MPC Vote Rate Hike(no change)00
Average Earnings Excluding Bonus (3Mo/Yr)(no change)5.9%5.9%
Average Earnings Including Bonus (3Mo/Yr)Bearish change6.1%5.8%
Claimant Count ChangeBearish change2.8K44.2K
Claimant Count RateBearish change4.5%4.7%
Employment Change (3M)Bullish change107K144K
ILO Unemployment Rate (3M)(no change)4.4%4.4%

About Parliamentary Election

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