Unemployment Rate. Germany, 10:55 (GMT+2) 02 Mar

02Mar.202209:55

Unemployment Rate. Germany, 10:55 (GMT+2)

At 10:55 (GMT+2), Germany will publish February data on the unemployment rate. This indicator captures the percentage of the number of unemployed over 18 years of age to the total working-age population. Only registered unemployed persons are taken into account. The unemployment rate is expected to remain at 5.1%.

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02 Mar. 2022 01:30

Gross Domestic Product. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), Australian gross domestic product data for the fourth quarter of 2021 will be released. It is the main indicator that reflects the state of the national economy and considers domestic consumption, investment, government spending, and exports. The Australian economy is expected to decline from the current –1.9% to –2.7% QoQ and from 3.9% to 3.0% YoY. The implementation of the forecast may affect the national currency negatively.

02 Mar. 2022 09:55

Unemployment Change. Germany, 10:55 (GMT+2)

At 10:55 (GMT+2), Germany will release data on the unemployment change for February. The upward trend reflects weakness in the national labor market and has a negative impact on consumer spending and hence economic growth. The February indicator is expected to decrease from –48K to –23K, which may support the euro quotes.

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