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08:22
Germany's Unemployment Rate Unexpectedly Decreases in June
On June 30, the German labor department released data indicating an unexpected decrease in the number of unemployed individuals in June. Seasonally adjusted, the unemployment count fell by 1,000, whereas economists had anticipated an increase of 7,000. The total number of unemployed individuals, not seasonally adjusted, dropped to 2.984 million, falling below the 3 million mark. The seasonally adjusted unemployment rate for June remained steady at 6.3%, the same as the previous month. Andrea Nahles, head of the German labor department, stated in a release: 'There are almost no signs of change in the labor market. The number of unemployed has only slightly decreased, while the number of jobs contributing to social security continues to show a slight downward trend.' Economists warn that the unemployment rate may rise in the coming months, as companies typically delay employment decisions in the face of geopolitical shocks such as the conflict in Iran. The total number of job vacancies registered by the labor department in June was 648,000, an increase of 16,000 compared to the same period last year.
08:17
Ayano Sato, a member of the Bank of Japan's board, stated that attention needs to be paid to the downside risks to economic growth and the upside risks to inflation.
Bank of Japan board member Ayano Sato stated that it is necessary to pay attention to the downside risks of economic growth and the upside risks of inflation.
08:14
SHAZ rises 14% after market close, Leopold Aschenbrenner's fund increases holdings by 19.9%
Odaily reported, according to on-chain analyst Ai Yi's monitoring, on June 29, SHAZ announced the completion of $1.6 billion in financing to support a six-year strategic cooperation with Nvidia; 11 hours ago, Leopold Aschenbrenner's fund announced an additional 19.9% stake in SHAZ. The first saw an increase of 1.45%, while the latter's after-hours rise was 14%. The SEC requires funds with shareholdings exceeding 5% to submit a public disclosure report.
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