European Economics Preview: Eurozone Economic Confidence Data Due
September 28 2016 - 8:43PM
RTTF2
Economic confidence survey results from euro area and consumer
prices from Germany are due on Thursday, headlining a busy day for
the European economic news.
At 2.00 am ET, Destatis is set to release Germany's monthly
labor market statistics for August.
At 3.00 am ET, Spain's INE releases flash consumer prices for
September and retail sales for August. Prices are forecast to rise
0.2 percent on a yearly basis in September, reversing a 0.1 percent
drop in August.
At 3.55 am ET, Germany's Federal Labor Agency releases
unemployment data for September. The number of unemployed is
forecast to fall by 5,000 and the jobless rate to remain unchanged
at 6.1 percent.
At 4.30 am ET, the Bank of England is scheduled to issue U.K.
mortgage approvals data for August. The number of mortgage
approvals is seen at 60,200 versus 60,900 in July.
At 5.00 am ET, the European Commission publishes monthly
economic sentiment survey results. The Eurozone economic confidence
index is forecast to remain unchanged at 103.5 in September and
business climate index to be at 0.05 points.
At 7.00 am ET, the Czech National Bank is set to announce its
interest rate decision. The bank is expected to keep its key rate
unchanged at 0.05 percent.
At 8.00 am ET, Germany's preliminary consumer prices for
September are due. Inflation is forecast to rise to 0.6 percent
from 0.4 percent in August.
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