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European Economics News Preview: Eurozone Monetary Aggregates Data Due
(RTTNews) - Monetary aggregates data from the euro area is the only major statistical report due on Thursday, headlining a light day for the European economic news.
At 3.00 am ET, Spain's statistical office INE publishes retail sales data for November. Sales had increased 0.4 percent month-on-month in October.
In the meantime, consumer confidence survey results are due from Slovakia.
At 4.00 am ET, the European Central Bank is scheduled to issue euro area money supply figures for November. M3 is forecast to climb 5.0 percent on a yearly basis, slightly slower than the 5.1 percent increase in October. Economists expect lending to households to grow 4.1 percent annually and loans to companies to gain 8.6 percent.
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U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
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