European Economics Preview: Eurozone, German Unemployment Data Due
November 30 2015 - 8:13PM
RTTF2
Unemployment figures from euro area and Germany and Purchasing
Managers' survey from major euro area economies are due Tuesday,
headlining a busy day for the European economic news.
At 1.45 am ET, the State Secretariat for Economic Affairs is
slated to publish Swiss GDP data. The economy is forecast to grow
0.2 percent sequentially in the third quarter.
At 2.00 am ET, the Bank of England publishes Financial Stability
Report.
At 2.30, Sweden's manufacturing PMI is due. The indicator is
seen rising to 54 in November from 53.5 in October.
Half an hour later, PMI survey results are due from Hungary,
Norway, Poland and Turkey.
At 3.30 am ET, the Swiss PMI report is due. The manufacturing
index is forecast to rise slightly to 50.8 in November from 50.7 in
October.
At 3.45 am ET, Markit releases Italy's manufacturing PMI.
Economists expect the index to improve to 54.2 in November from
54.1 in October. Thereafter, final manufacturing PMI results are
due from France and Germany.
At 3.55 am ET, the Federal Labor Agency is set to issue German
unemployment data for November. The jobless rate is seen unchanged
at 6.4 percent in November.
At 4.00 am ET, Markit publishes final manufacturing PMI data.
The index is forecast to be at 52.8 in November, in line with
preliminary estimate.
In the meantime, unemployment data from Italy is due. Economists
forecast the rate to fall to 11.7 in September from 11.8 percent in
August.
At 4.30 am ET, U.K. CIPS/Markit PMI data is due. The
manufacturing index is forecast to fall to 53.5 in November from
55.5 in October.
At 5.00 am ET, Eurostat releases euro area unemployment figures.
The jobless rate is expected to be at 10.8 percent in October,
unchanged from September.
US Dollar vs CHF (FX:USDCHF)
Forex Chart
From Aug 2024 to Sep 2024
US Dollar vs CHF (FX:USDCHF)
Forex Chart
From Sep 2023 to Sep 2024