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German unemployment expected to decline – Danske

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.”

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