European Economic News Preview: Germany Industrial Output Data Due
(RTTNews) - Industrial production from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data for March. Output is expected to fall 0.6 percent on month, in contrast to the 2.1 percent rise in February.
In the meantime, industrial output data from Norway is due.
Half an hour later, the Hungarian Central Statistical Office publishes preliminary industrial output data for March. Economists expect output to drop 5.3 percent annually, reversing a 1.8 percent rise in February.
At 3.00 am ET, Spain's statistical office INE releases industrial production for March.
At 3.30 am ET, Sweden's central bank announces its monetary policy decision. The bank is expected to cut its benchmark rate by a quarter point to 3.75 percent.
At 4.00 am ET, Italy's statistical office ISTAT is set to issue retail sales data for March. Economists expect retail sales to grow 0.2 percent after rising 0.1 percent in February.
Technology Stocks Shine; TSX Up Nearly 0.5%
U.S. Leading Economic Index Falls Much More Than Expected In August
Philly Fed Index Surges To Eight-Month High In September
Bank Of England Holds Key Rate; Slows Quantitative Tightening
U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High
Philly Fed Index Surges Much More Than Expected In September
U.S. Weekly Jobless Claims Pull Back More Than Expected
