The UK job market shows signs of stabilizing, and markets bet on a cooling of the Bank of England's rate hike expectations.

金十2026/06/18 06:31

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

```htmlGolden Ten Data reported on June 18 that, a few hours before the Bank of England releases its rate decision, data from the UK's Office for National Statistics indicates the UK labor market is performing better than expected. The data shows that employment increased by 2,000 people in May, significantly better than economists' forecast of a decrease of 23,000. Meanwhile, the decline in employment in April was revised from 100,000 down to 53,000. In the three months ending April, the unemployment rate fell slightly to 4.9%, while job vacancies dropped to their lowest level since early 2021. This data suggests that, although the UK labor market remains weak, its deterioration may not be as severe as economists feared. The day before this data release, UK inflation figures came in weaker than expected. Additionally, following announcements from the US and Iran that they had agreed to a ceasefire aimed at reopening the Strait of Hormuz, global energy prices have recently fallen sharply. This series of positive news has cooled market expectations for the Bank of England raising interest rates to curb inflation. The Bank of England will announce its rate decision later today, and the market widely expects it will keep rates unchanged at 3.75%.```

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

October 6 – ** Mattel, the maker of Barbie dolls (Mattel) MAT.O, saw its stock price drop by 2.6% to $7.6 ** Major shareholder Ariel Investments, in a letter seen by Reuters, urged the company to explore a possible sale of Mattel due to stalled business restructuring and insufficient profitability ** Ariel, which holds a 5.4% stake, stated that options could include a sale, merger, or asset divestiture, adding that a strategic buyer might pay a significant premium for the company ** Previous reports indicated that Authentic Brands AUTH.N had expressed an interest in acquiring the company last week, a deal that could value Mattel at around $6 billions ** Out of 16 brokers, 9 rate the stock as a “buy” or higher, 5 as “hold,” and 2 as “sell”; the median target price is $18—according to data compiled by LSEG ** Including the day’s fluctuation, the stock has fallen by 21.2% year-to-date (To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. As automated translations might be inaccurate or lack necessary context, Reuters does not guarantee the accuracy and only provides automated text for readers’ convenience. Reuters assumes no responsibility for any loss or damage arising from the use of automated translation functionality.)

路透社•2026/10/06 14:23

US Stock Market Movement | SpaceX (SPCX.US) rises over 2%, market value surpasses 2.3 trillions USD

According to Jinse Finance, on Tuesday, SpaceX (SPCX.US) rose more than 2% to $175.33, with the company's market capitalization surpassing 2.3 trillions USD. In related news, Morgan Stanley released a research report maintaining its "Overweight" rating on SpaceX and a target price of $300, representing nearly 90% upside compared to the October 2 closing price of $158.96. The analyst team led by Adam Jonas put forward an even bigger idea: space is becoming the ultimate arena for the transformation of energy into intelligence in the AI era.

智通财经•2026/10/06 14:23

US Stock Movement: Tower Semiconductor surges on October 6 as silicon photonics shipments increase and institutions turn bullish

Bitget异动解读•2026/10/06 14:20