Advertisement
European Economic News Preview: Germany Industrial Output Data Due
(RTTNews) - Industrial production from Germany and house prices from the UK are due on Thursday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for July. Output is forecast to fall 0.5 percent on month, slower than the 1.5 percent decrease in June.
In the meantime, UK Halifax house price data is due. Economists forecast house prices to drop 0.3 percent on month in August, the same pace of decrease as seen in July.
At 2.45 am ET, foreign trade and current account figures are due from France. The trade deficit is seen at EUR 6.8 billion in July compared to a shortfall of EUR 6.7 billion in June.
At 3.00 am ET, the Czech Statistical Office is set to publish retail sales for July. Sales had increased 0.3 percent on a monthly basis in June.
At 4.00 am ET, Italy's statistical office ISTAT publishes retail sales for July. Economists forecast sales to grow 0.2 percent, offsetting the 0.2 percent fall in June. At 5.00 am ET, revised GDP data is due from the euro area. The preliminary estimate showed that the currency bloc expanded 0.3 percent sequentially in the second quarter after remaining flat a quarter ago.
U.S. Dollar Declines After Softer-than-expected Inflation Data
Swiss Market Fails To Hold Early Gains, Settle Modestly Lower
European Stocks Pare Early Gains, Close Mostly Lower
TSX Hits Fresh Record High; Technology, Consumer Discretionary Stocks Shine
ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected
Bay Street Seen Opening On Mixed Note
