German unemployment rate falls to record low

FXStreet (Mumbai) - As per the official data released on Tuesday, the German unemployment rate in March dipped to a record low of 6.4%, from 6.5% in February.

Germany also witnessed a drop of 15K jobs in March. The nation was expected to report a drop in the number of jobless by 10K in March after the fall by 20K in February. The unemployment rate was expected to remain unchanged at 6.5%.

Earlier today, German retail sales beat expectations as it fell 0.5% against a 0.9% fall expected. Due later today, are the Eurozone preliminary inflation number for March. The data are expected to show deflation in the headline figure along with an uptick in the core inflation figure.

Mar 31, 2015

ECB’s QE works its magic on Eurozone economic sentiment - ING

Peter Vanden Houte Chief Economist, Belgium, Eurozone, at ING, comments that the jump in the European Commission’s economic sentiment indicator (ESI) to 103.9 in March from a revised 102.3 in February, bodes well for GDP growth.

Inflation to accelerate in H2 2015: BOJ's Governor Kuroda

Speaking to lawmakers in the Japanese parliament, Bank of Japan (BOJ) Governor Haruhiko Kuroda said today that he expects consumer prices growth to significantly accelerate in the second half of fiscal year 2015, while he defended the central bank's monetary policy.