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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
EUROZONE
MNI (London)
EZ JAN UNEMPLOYMENT RATE 6.8%; DEC 7.0%
- Eurozone joblessness hit a new record low in January, falling to 6.8% from 7.0% in December.
- Analysts expected a more shallow drop, to 6.9%.
- This data follows yesterday's German labour market data, which also saw recovery outpace expectations.
- Despite the record fall, recent ECB rhetoric has indicated no signs of a tighter jobs market feeding into higher wage expectations.
- Formerly stubbornly-high youth unemployment also improved, falling to 13.9% in January from 14.2% in December.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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