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Financial News: European Economics Preview: Eurozone Economic Sentiment Da

European Economics Preview: Eurozone Economic Sentiment Data Due

07/30/2018 - 01:59:00 (RTTNews)

(RTTNews) - Economic confidence from euro area and inflation from Germany are due on Monday, headlining a busy day for the European economic news.

At 3.00 am ET, Spain's INE releases flash consumer prices for July. In the meantime, Swiss KOF leading indicator is due.

At 3.30 am ET, Statistics Sweden is slated to release GDP data. The economy is forecast to grow 2.6 percent on year in the second quarter, following first quarter's 3.3 percent rise.

At 4.30 am ET, mortgage approvals data is due from the UK. The number of mortgage approvals is seen rising to 65,500 in June from 64,500 in May.

At 5.00 am ET, European Commission releases economic sentiment survey results. The euro area economic confidence index is forecast to drop to 112.1 in July from 112.3 in June.

At 8.00 am ET, Destatis publishes Germany's preliminary consumer prices. Economists forecast inflation to remain unchanged at 2.1 percent in July.

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