Markets Are Down In Europe, Germany's Unemployment Rate Falls To A Historic Low

Germany

Photo: Flickr

It’s pretty quiet this morning.Spain’s inflation rate was tame.

Germany’s unemployment rate just hit a historic low of 6.7 per cent.  The number of unemployed Germans fell by 18k to 2.84 million.  Economists were expecting the number to decline by 10k.

Nevertheless, markets are lower.

England’s FTSE 100 is down 0.3%.

France’s CAC 40 is down 0.1%.

Germany’s DAX is down 0.3%.

Spain’s IBEX 35 is up 0.4%.

Italy’s FTSE MIB is down 0.2%.

U.S. markets are flat.

SEE ALSO: 10 Issues That Should Keep You Up At Night >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

markets moneygame-us