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European Economic News Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business sentiment survey data from Germany is due on Monday, headlining a very light day for the European economic news.
At 3.00 am ET, the Czech Statistical Office releases producer prices for November. Economists forecast producer prices to grow 1.0 percent annually after a 0.2 percent rise in October.
At 4.00 am ET, the Munich-based ifo Institute is scheduled to issue Germany's business confidence survey results. The business climate index is forecast to rise to 87.8 in December from 87.3 in November.
At 5.30 am ET, Bank of England policymaker Ben Broadbent speaks at London Business School.
At 6.00 am ET, Germany's central bank is set to publish monthly report.
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U.S. Construction Spending Unexpectedly Sees Further Downside In June
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U.S. Manufacturing Index Unexpectedly Dips To Nine-Month Low In July
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Eurozone Inflation Steady At 2% ECB Target
Euro area consumer price inflation was unchanged at the European Central Bank's 2 percent target in July, easing the pressure for more easing. The harmonized index of consumer prices increased 2.0 percent year-on-year in July, the same rate of increase as seen in June. Inflation was forecast to ease marginally to 1.9 percent.
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U.S. Job Growth Misses Estimates In July, Previous Months' Numbers Revised Sharply Lower
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