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Regular pay growth in the UK rose by just 1.7% in the three months to April, falling further behind inflation, which rose to 2.9% in May. Mike Ingram, Strategist at BGC Partners says the real wage growth squeeze would weigh over the UK GDP. Ingram adds, “The US macro picture is looking extremely soft”. He is surprised that the Fed is sticking with the balance sheet reduction story. Watch the full segment for more info on - Upbeat China data released in Asia FX Sentiment powered by Oanda Trade of the day Broker Recommendations #UK, #wages, #GDP, #indicator, #economy, #macro, #fundamentals, #currencies, #forex, #commodities, #stocks, #equities, #indices, #trading, #investing, #finance