European Economics Preview: Germany GfK Consumer Confidence Data Due
27 July 2017 - 11:00AM
RTTF2
Consumer confidence from Germany is due on Thursday, headlining
a light day for the European economic news.
At 2.00 am ET, Germany's GfK consumer confidence survey results
are due. The forward-looking sentiment index is seen at 10.6 in
August, unchanged from July.
In the meantime, unemployment from Norway and consumer
confidence from Finland are due.
At 3.00 am ET, the Hungarian Central Statistical Office releases
unemployment data for June. The jobless rate is forecast to fall to
4.2 percent in June from 4.4 percent in May.
Elsewhere, the National Institute of Economic Research is slated
to issue Sweden's economic tendency survey data for July. The index
is forecast to fall to 111.5 in July from 112.1 in June.
Half an hour later, Sweden's jobless rate is due. Economists
forecast the rate to rise to 7.5 percent in June from 7.2 percent
in May.
At 4.00 am ET, the European Central Bank publishes money supply
data. Eurozone M3 is forecast to climb 5 percent annually in June,
the same pace as seen in May.
At 7.00 am ET, Turkey's central bank is set to announce its
interest rate decision. The bank is expected to keep its 1-week
repo rate unchanged at 8.00 percent.
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