The next 24 hours are led by the UK labour market, with two releases landing together at 06:00 UTC before attention shifts to Australia overnight.
Sterling in focus
The high-impact print is the UK Claimant Count Change at 06:00 UTC, measuring the change in people claiming unemployment benefits. The forecast is 16.5K, a sharp step up from the previous 6.7K β a larger rise points to a softening jobs market.
Released at the same time is the Average Earnings Index 3m/y, a medium-impact gauge of wage growth including bonuses. It is seen at 4.0%, easing from 4.3% previously.
Both land on GBP, and the simultaneous timing means the pound gets a combined labour-and-wages read in a single window.
Australian wages overnight
Later, at 01:30 UTC on 19 August, Australia releases the Wage Price Index q/q, a medium-impact measure of the change in labour costs. The forecast is 0.8%, matching the previous 0.8% β a steady reading with no expected change in pace.
The figure matters for AUD.
The schedule
UK data at 06:00 UTC is the clear high-impact event on the calendar. The Australian wage figure follows in the overnight session as the medium-impact item for the antipodean currency.
