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German Unemployment Declined Before Britain’s Shock Leave Vote (News: 30/06/16)

Today's Press

  • Foreign analysts expect China will allow further deprecation of yuan to offset any export pressure caused by the British breakaway, while mainland-based commentators are tending to argue the currency rate will remain stable, and cash outflow will also be kept under control.

  • The deficit in the three months to March was £32.6bn, the Office for National Statistics said, down slightly from the upwardly revised £33.96bn recorded in the final quarter of 2015.

  • The number of people out of work fell by a seasonally adjusted 6,000 to 2.69 million, data from the Federal Labor Agency in Nuremberg showed on Thursday. The median estimate in a Bloomberg survey was for a drop of 5,000. The jobless rate remained unchanged at a record low of 6.1 percent.

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