Eurozone unemployment fell to 6.2% in January, below expectations, indicating potential economic improvement but requiring monitoring.
EUR/USD rises 0.2% to 1.0510, challenging resistance amid dollar weakness and falling bond yields.
Greece’s unemployment rate dropped to 8.7%, indicating job market improvement and positive economic trends in January.
Eurozone unemployment data leads, while markets watch tariffs. Trump addresses Congress at 21:00 ET on policy.
China’s manufacturing PMI rose to 50.2, while trade declined amid tariffs and Lunar New Year effects.
Tariffs on China increase to 20%, while Canada and Mexico face 25% tariffs under national security measures.
South Africa’s GDP grew 0.6% in Q4, USD weakened, gold surged, crypto declined, and US imposed tariffs.
China aims for dialogue on tariffs, advocating WTO rules, rejecting threats, and defending sovereignty while seeking consultation.
South Africa’s GDP grew to 0.9% in Q4, improving from 0.3%, reflecting economic recovery and progress.
USD/JPY slipped below 149.00 as tariffs escalated; China, Canada responded; RBA cautious on rate cuts.
