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INDIA

Auction Devolved On To Dealers Again

GOLD

Falls Further

ASIA FX

Holiday Thinned Trade

FOREX

Market Holidays Limit Activity In Asia

EQUITIES

Market Closures Subdue Proceedings

OIL

Adds To Recent Gains

EZ Sep Unemployment Fell Further

EUROZONE DATA

EZ NOV UNEMPLOYMENT RATE 8.3%; OCT 8.4%

  • The EZ jobless rate edged lower to 8.3 in Nov, beating markets looking for a small uptick.
  • This marks the fourth successive decrease and the lowest level since June.
  • However, the unemployment rate is 0.9pp higher than a year ago.
  • Among the member states, Spain (16.4%), Lithuania (10.4%) and Italy (8.9%) recorded the largest jobless rates in the EZ, while the Netherlands (4.0%), Germany (4.5%) and Malta (4.8%) saw the smallest unemployment rates in Nov.
  • Youth unemployment (under 25s) rose further in Nov, ticking up to 18.4% and marking a three-month high.
  • Both overall male and female unemployment eased by 0.1pp in Nov to 7.9% and 8.8%, respectively.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com