Caroline Hepker

Bond markets have really repriced in terms of more hawkish thinking around the Federal Reserve.

So, there'll be a big test this week when we get personal spending data out of the US.

Also,

Sterling this morning is currently down two tenths of one percent.

So there's the markets.

I'm Caroline Hepka.

And this is Bloomberg.

And I'm Caroline Hepker.

Now to the UK.

The jobs market is holding up better than expected, according to the latest official data.

The number of employees on payrolls rose by 2,000 in May, while unemployment slipped to 4.9% in the three months to April.

The labour market data follows a weaker-than-expected inflation reading yesterday.

It comes ahead of today's Bank of England policy decision.

Policymakers are widely expected to leave interest rates unchanged at 3.75%.

Now, UK voters in the constituency of Makerfield go to the polls later today.

The race is one of three parliamentary special elections taking place in the UK.

The other two by-elections are in the Scottish seats of Aberdeen South and Arbroath and Broshy Ferry.

You can find a full list of candidates for all three of those by-elections by checking the Electoral Commission's website.

So those are our top stories for you this morning.

Not sure I stayed up late to watch the football, but from the sounds of the cheers, we're through that first round.