European Economic News Preview: Germany GfK Consumer Confidence Due
27 February 2024 - 11:57AM
RTTF2
Consumer confidence survey results from Germany and France are
due on Tuesday, headlining a light day for the European economic
news.
At 2.00 am ET, Germany's market research group GfK releases
consumer confidence survey results. The forward-looking sentiment
index is forecast to improve to -29.0 in March from -29.7 in the
previous month.
In the meantime, household lending data is due from Sweden. At
2.45 am ET, France's statistical office INSEE publishes consumer
sentiment survey data. Economists expect the consumer sentiment
index to rise to 92 in February from 91 in January.
At 4.00 am ET, the European Central Bank is set to publish
monetary aggregates for January. M3 is forecast to grow 0.3 percent
on year following a 0.1 percent rise in December.
At 8.00 am ET, Hungary's central bank announces its monetary
policy decision. The bank is expected to cut its key interest rate
by 100 basis points to 9.00 percent.
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