Hot UK labour market pressures BoE to act again
U.S. inflation data due at 1230 GMT 830 a.m. ET
Miners jump; China39;s rate cut boosts metal prices
CMC Markets falls, flags hit to Q1 profit
FTSE 100 up 0.2, FTSE 250 adds 0.1

June 13 Reuters UK39;s main stock indexes edged up on Tuesday, as a jump in miners ahead of a key U.S. inflation data helped temporarily shrug off renewed fears of further rate hikes by the Bank of England.

The resourceheavy FTSE 100 rose 0.2 as of 0814 GMT GMT, while the domestically focused FTSE 250 midcap index was up 0.1.

Miners climbed 2.7, touching a sevenweek high, as metal prices rose on hopes of improved demand after top consumer China cut borrowing costs to boost economic growth.

Investors were waiting for U.S. May consumer inflation data, expected to show price pressures eased in that month, and likely corroborating bets for a pause in the Federal Reserve39;s ratehiking cycle. Traders expect a hike in July.

However, if they see any inkling in the data that inflation risks running high again, they will throw a net to try and catch it with another rate rise, said Susannah Streeter, head of money and markets at Hargreaves Lansdown.

The European Central Bank is widely expected to raise rates by 25 basis points on Thursday, while the Bank of England is also seen delivering a similar sized rate hike next week.

Back home, data showed Britain39;s labour market looked much stronger than expected in the three months to April, bolstering…