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Welcome to today's Money Minute in which we preview the big stories of the week ahead in just 60 seconds.
The latest UK unemployment figures are out on Tuesday. Unemployment has remained consistently near record low levels in recent months, while annual wage growth has picked up sharply, coming in at just under 4% in June.
While the Bank of England is unlikely to make any moves while Brexit remains unresolved, members of its interest-rate setting committee will be monitoring wage inflation particularly closely.
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On Thursday we get the biggest event of the week the European Central Bank announces its latest decision on monetary policy. Recent weak economic data, particularly in Germany, has convinced the market that the ECB will take its key interest rate even deeper into negative territory, from its current record low level of minus 0.4%.
Outgoing ECB head Mario Draghi is also expected to indicate that the central bank will announce more stimulus perhaps a new money-printing programme at the next meeting in October.
Draghi has a tendency to underpromise and overdeliver, and if he manages to do this again, markets are likely to send the euro lower. But if he can't convince markets that he's sufficiently dovish, the euro is likely to gain.
That's your 60 second update - have a good week.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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Average UK house price reaches £300,000 for first time, Halifax saysWhile the average house price has topped £300k, regional disparities still remain, Halifax finds.
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Barings Emerging Europe trust bounces back from Russia woesBarings Emerging Europe trust has added the Middle East and Africa to its mandate, delivering a strong recovery, says Max King
