European Economic News Preview: German Consumer Confidence Data Due
(RTTNews) - Consumer sentiment from Germany and France are due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, the market research group GfK is scheduled to issue Germany's consumer confidence survey data. The forward-looking sentiment index is forecast to improve to -24.5 in February from -25.1 in January.
In the meantime, retail sales and household consumption figures from Norway and foreign trade and unemployment from Sweden are due.
At 2.45 am ET, France's statistical office INSEE releases consumer sentiment data for January. The confidence indicator is seen at 90, up from 89 in December.
At 3.00 am ET, quarterly unemployment data is due from Spain. The jobless rate is forecast to rise marginally to 11.9 percent in the fourth quarter from 11.8 percent in the third quarter.
At 4.00 am ET, the European Central Bank is slated to issue monetary aggregates for December. M3 is expected fall 0.7 percent annually, following a 0.9 percent drop in November.
Bay Street May Open On Weak Note
Dollar Extends Losses Amidst Powell's Dovish Surprise
German Ifo Business Confidence Strongest Since 2024
CAC 40 Down Nearly 0.6% In Cautious Trade
DAX Modestly Lower As Investors Wait For Directional Clues
Sensex, Nifty End Higher As IT Stocks Surge On Dovish Fed Boost
Antipodean Currencies Traded Higher Amid Risk-on Mood
