European Economic News Preview: Eurozone Flash PMI Data Due
(RTTNews) - Flash Purchasing Mangers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news.
At 3.00 am ET, the Office for National Statistics is scheduled to issue UK retail sales for February. Sales are forecast to grow 0.2 percent on month, slower than the 0.5 percent increase in January.
At 4.00 am ET, Spain's INE publishes final quarterly national accounts for the fourth quarter and producer prices for February. The initial estimate showed that the economy logged a steady growth of 0.2 percent in the fourth quarter.
At 4.15 am ET, S&P Global publishes France's flash composite Purchasing Managers' survey results. The composite PMI is seen rising to 51.8 in March from 51.7 in February.
At 4.30 am ET, Germany's flash PMI data is due. Economists forecast the composite indicator to climb to 51.0 in March from 50.7 in the previous month.
At 5.00 am ET, Eurozone flash PMI survey results are due. Economists expect the composite PMI to drop marginally to 51.9 in March from 52.0 in February.
Half an hour later, UK S&P Global/CIPS composite PMI is due. The indicator is seen falling to 52.7 in March from 53.1 in February.
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August
Chicago Business Barometer Slumps Much More Than Expected In August
U.S. Consumer Prices Increase In Line With Estimates In July
German Unemployment Exceeds 3 Mln
U.S. PCE Price Index Increased In Line With Estimates In July
Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus
Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus
