European Economic News Preview: Germany Industrial Output Data Due
(RTTNews) - Industrial production from Germany and house prices from the UK are the top economic news due on Friday.
At 2.00 am ET, Destatis is scheduled to release Germany's industrial production for May. Economists forecast output to fall 0.1 percent on month, in contrast to the 0.3 percent increase in April.
Also, UK Halifax house price data is due for June. Prices had declined 1.0 percent annually in May.
In the meantime, Statistics Norway publishes industrial production and monthly GDP data.
At 2.45 am ET, France foreign trade data is due. The trade deficit is forecast to narrow to EUR 9.0 billion in May from EUR 9.7 billion in April.
At 4.00 am ET, Italy's Istat publishes retail sales for May. Economists forecast sales to grow 0.1 percent on month, slower than the 0.2 percent rise in April.
U.S. Dollar Drops After Powell's Speech
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply
U.S. Dollar Rises Ahead Of Fed's Powell Speech
