German unemployment rate for August came in 6%, in line with expectations, and previous reading
- Unemployment change came in 17k vs 13.5k exp. and 2k previously (seasonally adjusted)
Today German labor market data shows that German economy is weakening, with higher unemployment change, however the negative surprise wasn't very high. EURUSD weakened today, now testing the lower range of the upward price channel.
Source: xStation5
BREAKING: GDP collapse in Canada; US producer inflation accelerates🚨
Economic Calendar: European Inflation and US PPI in the Spotlight
Daily summary: Semiconductors, US dollar and oil put pressure on Wall Street
Economic calendar: US-Iran talks in Geneva in the spotlight