European Economics Preview: UK Services PMI Data Due
December 04 2017 - 8:56PM
RTTF2
The services Purchasing Managers' survey from the UK and retail
sales from euro area are due on Tuesday.
At 3.00 am ET, industrial production from Spain, retail sales
and final GDP from Hungary are due. Spain's industrial output is
forecast to grow 3.7 percent on year in October, following
September's 3.4 percent increase.
At 3.15 am ET, IHS Markit is scheduled to issue Spain's services
PMI. Economists forecast the index to rise to 55.5 in November 54.6
in October.
At 3.30 am ET, Statistics Sweden releases industrial production
and orders for October.
Thereafter final composite PMI figures are due from France and
Germany at 3.50 am ET and 3.55 am ET.
At 4.00 am ET, Eurozone final composite PMI is due. The
composite index is seen at 57.5 in November, in line with flash
estimate.
Half an hour later, IHS Markit publishes UK services PMI data.
Economists forecast the index to fall to 55 in November from 55.6
in October.
At 5.00 am ET, Eurostat is slated to publish euro area retail
sales for October. Sales are forecast to drop 0.7 percent on month,
offsetting September's 0.7 percent increase.
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