Advertisement
European Economics Preview: Germany Factory Orders Data Due
(RTTNews) - Factory orders from Germany and retail sales from eurozone are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis releases Germany's factory orders data for May. Economists forecast orders to fall 0.6 percent on month, slower than the 2.7 percent decrease in April.
At 3.00 am ET, Spain's INE is slated to issue industrial output figures for May. Production is expected to climb 3.4 percent annually after rising 2.4 percent in April.
In the meantime, industrial output and retail sales figures are due from Hungary. Economists forecast output to grow 2.8 percent on year in May after climbing 3.1 percent in April.
At 3.30 am ET, S&P Global publishes Germany's construction PMI data for June.
At 4.30 am ET, UK S&P Global/CIPS construction PMI data is due. The index is seen falling to 55.0 in June from 56.4 in May.
At 5.00 am ET, Eurostat is scheduled to issue eurozone retail sales data for May. Sales are forecast to grow 0.4 percent on month, reversing a 1.3 percent fall in April.
Win Streak May End For Japan Stock Market
South Korea Shares May Run Out Of Steam On Friday
Japan Data On Tap For Friday
U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor
U.S. Wholesale Inventories Inch Up Less Than Expected In June
U.S. Labor Productivity Rebounds Roughly In Line With Estimates In Q2
U.S. Jobless Claims Rise More Than Expected To 226,000
