Free Trial
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
MNI (London)
GERMANY FEB UE RATE (SA) 5.0%; JAN 5.1%
GERMANY FEB UE CHANGE (SA) -33K; JAN -48k
- German labour data surprised to the upside, pointing towards a continued strong recovery.
- The unemployment change beat forecasts, falling by 33k and beating the consensus forecast which saw a softer -22k drop for February. This follows the stark January reduction of 48,000 unemployed persons (compared to a projected 6k fall).
- The seasonally-adjusted unemployment claims rate also inched 0.1% further downwards to 5.0%, also more upbeat than the forecast which expected no change for February.
- The number of employed persons continues to inch towards pre-pandemic levels, at only 0.2% below that of February 2020.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok