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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 DATA
MNI (London)
EUROZONE NOV UNEMPLOYMENT 6.5% (=FCST); OCT 6.5%
Eurozone unemployment was stable in November at the October low of 6.5%, in line with expectations as the bloc continues to experience a record-tight labour market.
- This indicates a markedly tighter labour market than one year prior, where the unemployment rate was 7.1%.
- This comes despite slowing growth as many eurozone economies teeter on the edge of recession into year-end. Yet PMI surveys suggest that rate of hiring has recently moderated, with construction in particular recording continued layoffs.
- For now, the employment outlook remains robust, providing confidence in the ECB’s plan for further rate hikes (albeit at a lower 50bp rate).
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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