The FTSE 100 and European markets were mixed on Tuesday morning in London following wage growth data which will temper confidence of a summer interest rate cut by the Bank of England. The FTSE 100 (^FTSE) rose 0.1% in early trade, while Germany's DAX (^GDAXI) fell 0.2% and the CAC in Paris (^FCHI) was down 0.1%. The pan-European STOXX 600 (^STOXX) hovered on a flat line. Despite concerns about wage growth, jobs data released by the Office for National Statistics showed a rising unemployment rate. The jobless rate rose to 4.3% between January and March — the highest since May to July last year. The number of new vacancies also slowed. Global markets are now looking ahead to the Consumer Price Inflation print on Wednesday in the US, which will give clues as to the Federal Reserve's thinking on rate path. "The economic data certainly has the ability to move the markets well away from their mean, while many speculators believe that we are in a goldilocks scenario where bad news is good news for the equity markets and good news is good news," said Naeem Azlam, Chief Investment Officer at Zaye Capital Markets. "This is because the US equity...