UK traders urge end to pre-market economic data releases amid volatility concerns

The UK is facing an important decision in the near future regarding the release of key economic data before financial markets open. This current practice has received criticism from traders who believe it contributes to market volatility that can have an impact on the broader economy.

The statistics regulator has announced that it will provide its decision after reviewing evidence from the Office for National Statistics. The timing of the data release, occurring just before sterling interest-rate markets open and ahead of UK government bonds, is being examined as stakeholders aim to minimize potential disruptions in financial markets.

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