German Oct jobs data report 2 Nov

  • +1k prev
  • unemployment claims rate SA 6.0% vs 6.1% exp/prev
  • total jobless falls to 2.662m

Stronger headline jobs data from Germany welcome. Lowest rate of unemployment since reunification in 1990. Highest record level of vacancies at 691k suggests they're not being filled too quickly though.

Euro unimpressed though with other fish to fry right now.