FXStreet (Barcelona) – Analyst at Danske Bank, Kristoffer Kjær Lomholt, previews the German unemployment data release, expecting a 10k decline.
Key Quotes
“German unemployment is expected to show a decline of 10k in May and an unchanged unemployment rate of 6.4%. The trend in unemployment has been down since Q4 and has now reached the lowest level since the statistics started in 1992.”
(Market News Provided by FXstreet)