Markets With US markets closed for Martin Luther King Day, Europe was obliged to find its own intraday dynamics. After a sharp US driven (softer PPI’s) yield decline on Friday, German rates gapped higher at the open (+/-4 bps). Initially, there was little news to support a clear directional move. A preliminary estimate of the […]
In focus today In the euro area, focus turns to the unemployment rate for January. The labour market has continued to prove very resilient with record-low unemployment at 6.3%, which is also the expectation for January. Economic and market news What happened overnight In Japan, the unemployment rate surprised to the topside, coming in at […]
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