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Financial News: European Economics Preview: Eurozone Economic Confidence D

European Economics Preview: Eurozone Economic Confidence Data Due

10/30/2017 - 02:43:00 (RTTNews)

(RTTNews) - Corrects scheduled time of press releases

Economic confidence from Eurozone and retail sales and flash inflation from Germany are due on Monday, headlining a busy day for the European economic news.

At 3.00 am ET, Destatis is slated to release Germany's retail sales data for September. Sales are forecast to grow 0.6 percent on month, in contrast to a 0.2 percent fall in August.

At 4.00 am ET, Swiss KOF leading indicator is due. Economists forecast the index to rise to 106.5 in October from 105.8 in September.

In the meantime, flash inflation and GDP figures are due from Spain. The economy is forecast to grow 0.8 percent sequentially in the third quarter after expanding 0.9 percent in the second quarter.

At 5.30 am ET, the Bank of England is set to publish mortgage approvals for September. The number of mortgage approvals is forecast to fall to 66,000 from 66,600 in August.

At 6.00 am ET, European Commission is scheduled to release Eurozone economic sentiment survey results. The index is seen at 113.3 in October versus 113.0 in September.

At 9.00 am ET, Germany's flash inflation data is due. Consumer price inflation is forecast to slow slightly to 1.7 percent in October from 1.8 percent in September.

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