Spanish jobless total rises by 63,747 in Jan

Latest Spanish jobless data just out 2 Feb

  • jobless total +1.87% at 3.48mln
  • SA adjusted registered unemployed fell by 24,161 vs Dec
  • registered unemployed in service sector +72,468, agriculture +2417, industry +775, construction -5154

Not good news on the headline but seasonal factors in play as workers employed for Xmas/New Year season are laid off.

EURUSD steady around 1.2480. EURGBP 0.8780 and EURJPY 137.20

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