U.K. Average Earnings Index +Bonus For April 5.9% Vs. 5.7% Est.; 5.9% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. Average Earnings Index +Bonus for April increased by 5.9%, surpassing the estimated 5.7% and matching the revised prior figure of 5.9%.
June 11, 2024 | 6:04 am
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POSITIVE IMPACT
The U.K. Average Earnings Index +Bonus for April increased by 5.9%, surpassing expectations. This positive economic indicator could boost investor confidence in the iShares MSCI United Kingdom ETF (EWU).
The increase in the U.K. Average Earnings Index +Bonus suggests a stronger economic environment, which is likely to positively impact the iShares MSCI United Kingdom ETF (EWU) as it reflects the overall performance of the U.K. market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80