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European Economics Preview: France Industrial Output Data Due
(RTTNews) - Industrial production from France is the only major statistical report due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, Statistics Norway releases consumer and producer prices for August. Consumer price inflation is forecast to rise to 7.1 percent from 6.8 percent in July.
At 2.45 am ET, France's statistical office Insee is slated to issue industrial production for July. Economists expect output to fall 0.5 percent on month, reversing a 1.4 percent rise in June.
At 3.00 am ET, industrial production figures are due from Spain, Austria and Slovakia. At 5.00 am ET, industrial production and consumer price figures are due from Greece.
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The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
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