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3 Numbers: Spain unemployment blowback fears, US jobless, US nonfarm

From tradingfloor.com

The ongoing crisis in Greece is still the tail that’s wagging the dog. Otherwise, it’s a slow day for economic reports in Europe, although the monthly update on unemployment in Spain will provide fresh numbers for deciding how this poster child for economic recovery is holding up as its neighbour to the east flirts with disaster. Later, two updates on the US labour market will be widely read for deciding if the economy is set to strengthen in this year’s second half. Spain: Unemployment Change (07:00 GMT) Is there a glimmer of light at the end of the tunnel? Greece’s Prime Minister Alexis Tsipras yesterday extended ... (full story)

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