Eurozone Unemployment Rate registered at 6.3% above expectations (6.2%) in April

Jun 1, 2026

Swedish Krona: Solid Swedish data supports SEK – Danske Bank

Danske Research Team notes that revised Swedish national accounts data point to stronger historical growth but slightly weaker current momentum. Q1 GDP declined quarter-on-quarter but rose year-on-year, with weakness driven by government consumption and investment.

Euro strengthens against Canadian Dollar following German Retail Sales

EUR/CAD extends its gains for the second successive day, trading around 1.6110 during the European hours on Monday. The currency cross remains stronger following the release of German Retail Sales data, which fell 0.3% month-on-month (MoM), while it was expected to have declined 0.4%.