Markets › News

Market news

Review developments alongside their sources, alternative interpretations and price reactions.

EURUSD—

1 storyHigh impact only

Summary language English

Oct 30

Medium impactInvestingLive / ForexLiveOct 30 12:30AI thesis not measured

U.S. wage growth trails benefits as real pay falls

Source: InvestingLive / ForexLive · 12:30

Show on chart

AI · systemfrom 1 sources · updated at 07:55

U.S. employment costs rose 0.8% in the third quarter, down from 0.9% in the prior quarter, InvestingLive reports. Wages rose 0.7%, while benefits increased 0.9%. Annual civilian compensation growth was 3.4%, with benefits growing faster than wages. Private-industry wages fell 0.6% after inflation over the year, showing that higher nominal pay did not preserve purchasing power.

Related currencies / asset groups: USD

ThesisNo pair-specific direction statedAI · sourced

The U.S. Employment Cost Index rose 0.8% quarter on quarter in Q3.
InvestingLive / ForexLive
Private-industry inflation-adjusted wages and salaries fell 0.6% over the year.
InvestingLive / ForexLive

Counter-thesisNo pair-specific direction statedAI · sourced

What the market did AUDUSD · 1 min · ±30 min around the story

extreme −9 pips30 min later −7 pips

−10−5±0+5−30 min−150+15+30 min12:30 story

Spread

1.32.3 pips

widened for 1 min after the story

Ideas linked to this story sealed when published · the price writes the result

No ideas are linked to this story yet.

Next on the calendar

15:00

ISM Manufacturing PMI HighForecast 54.7 · Previous — · average reaction ±0 pips over the last 8 releases

0:23:25left

High impact today

UTC · EUR, USD