Market Updates
European Indexes at 7-month Highs, Swiss National Bank Report Record Loss
Bridgette Randall
09 Jan, 2023
Frankfurt
European markets advanced to 7-month highs after interest rate increase worries eased and optimism about China opening its borders.
Market advance also supported by the merger activity, indicating positive outlook held by corporate executives.
Euro Area Jobless Rate Fell In November
Jobless rate in the Euro Area declined to 6.5% in November and nearly unchanged from the previous month, according to the statistical office Eurostat.
The unemployment rate was 7.1% in November a year ago.
The total number of unemployed declined 2,000 from the previous month and fell 846,900 from a year ago to 10.849 million in November.
The overall unemployment in the EU27 held steady at 6.0%.
France Trade Deficit Widened In November
France's trade deficit widened in November after exports eased and imports rose according to the latest data released by the customs office.
Trade deficit rose to
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