German unemployment drops as investors' trust in country grows

Note: This section contains information in English only.
Source: Bloomberg
The spreading positivity of the investors regarding Germany's ability to recover led to a decrease in unemployment and to the jobless rate reaching a record low level. According to the statistics, there are now 14K less people unemployed and only adjusted 6.6% of the labour force were out of work.
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Thu, 27 Nov 2014 11:57:03 GMT

Euro continues to depreciate against US Dollar

Even though the German unemployment rate came below the forecast and economists expect the core inflation to stand at 0.7%, the Euro continues to move lower against the US Dollar. And the bearish trend is likely to persist, according to the BNP Paribas analysts, as the ECB should preserve the dovish rhetoric by leaving the door open for more easing.

Wed, 26 Nov 2014 11:27:04 GMT

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