Once again we begin with the Eurozone where economic reports remain mixed.
1. The German unemployment rate hit another record low.
2. Ireland’s unemployment is now below the level of autumn 2008.
3. Jobless numbers in France seem to have peaked. By the way, over time, French unemployment could decline substantially if Hollande manages to push through the labor reforms.
Source: Natixis, @joshdigga
4. On the other hand, Italian unemployment rate ticks up unexpectedly.
5. Across the Eurozone, the unemployment rate is now near five-year lows. Note that the numbers in the graph below don’t always correspond to those above (for example for Germany). National unemployment figures often differ from “harmonized” measures used for comparison purposes.NFTRH Premium for an in-depth weekly market report, interim updates and NFTRH+ chart and trade ideas; or the free eLetter for an introduction to our work. You can also keep up to date with plenty of actionable public content at NFTRH.com. Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at Biiwii.com.