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Rates for the 19 nation eurozone on hold at 4%. so, what might be in store? let s speak now to andrzej szczepaniak, senior european economist with nomura. welcome to the programme. how is thejobs market welcome to the programme. how is the jobs market in welcome to the programme. how is thejobs market in europe? good morning. thejobs market is very resilient. the current unemployment rate is 6.5%, ten basis points higher than the lows of 6.4%, and even if you think about the outlook gdp is slowing, actually as a result of things like job retention schemes in the euro area which every prominent in many countries, we shouldn t expect to see the unemployment rate rise that much. what we tend to see is ours work should decline first and foremost before the unemployment rate takes up only marginally in response to weakening activity of is your thinking on what the central ....
Saion Mukherjee says: “As we see traction in manufacturing, our expectation is that we will also see a very strong pickup in private capex. So manufacturing, private capex, exports, would be the drivers of corporate earnings over the medium term. Of course, this would have a ruboff effect on consumption as we go forward.” ....
"Our Nifty target of 24,260 is based on 20x Dec 2025F earnings and represents a 12% potential upside from the current level," said analysts at Nomura. ....
The global investment banking firm noted that even though growth is expected to slow down in the coming fiscal to 5.6% from 6.7% projected in FY24, mass consumption may rise as easing price pressures support mass consumption. ....