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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.
GERMAN DATA
Germany unemployment claims rate for September was stable at 5.7%, with the net change in unemployment claims rising 10k on the month (vs 15k expected, 20k prior).
- Total vacancies fell for an 8th consecutive month, by -8k (vs -11k prior).
- The vacancy to unemployment ratio thus fell once again, indicating less tightness in the German labour market.
- This week saw the release of several surveys with employment components - the IAB Labour Market Barometer, IFO Employment Barometer and EC Expected Employment Indicator.
- All surveys pointed to softening employment prospects ahead across sectors. Caution towards future hiring was also seen in the German flash PMI released last week - next week's final PMI prints may provide more insight fort the services/manufacturing sectors in this regard.
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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