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European Economic News Preview: Eurozone Final Inflation Data Due
(RTTNews) - Final consumer price data from the euro area is the only major economic data due on Wednesday.
At 2.00 am ET, the European Automobile Manufacturers' Association is scheduled to issue Europe's new car registrations for April. Auto sales had increased 28.8 percent annually in March.
At 3.00 am ET, final consumer price data is due from Austria.
At 4.00 am ET, Italy's statistical office releases foreign trade data for March. The trade surplus totaled EUR 2.1 billion in February.
At 5.00 am ET, Eurostat publishes euro area final inflation figures for April. Inflation is expected to edge up to 7.0 percent from 6.9 percent in March.
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European Markets Close On Mixed Note After Cautious Session
European stocks turned in a mixed performance on Monday as investors largely stayed cautious, looking ahead to the meeting between U.S. President Donald Trump and several European leaders, including Ukrainian President Volodymyr Zelenskyy after the Trump-Putin Summit failed to result in any breakthrough to end the war in Ukraine.
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