EU Unemployment Rate (Nov) 6.3% vs. Exp. 6.4% (Prev. 6.4%)
The EU unemployment rate for November came in at 6.3%, slightly better than the expected 6.4% and down from the previous rate of 6.4%.
[MARKET ANALYSIS] DXY incrementally firmer awaiting further jobs data after an early Challenger Layoffs release; Antipodeans lag
[MARKET ANALYSIS] Precious metals on the backfoot once again in quiet newsflow and with the DXY above its 100 DMA
EU Unemployment Rate (Nov) 6.3% vs. Exp. 6.4% (Prev. 6.4%)
France sells EUR 13.5bln vs exp. EUR 11.5-13.5bln 3.50% 2035, 0.50% 2040, 3.60% 2042 & 3.75% 2056 OAT
China's Ambassador rejects Japan's export controls negotiations
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This positive print may indicate a tightening labor market, which could influence the ECB's approach to monetary policy and interest rates moving forward.
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