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Financial News: European Economics Preview: Eurozone Final PMI Data Due

European Economics Preview: Eurozone Final PMI Data Due

08/05/2019 - 00:53:00 (RTTNews)

(RTTNews) - Final Purchasing Managers' survey results are due from the euro area, headlining a busy day for the European economic news.

At 3.00 am ET, the Turkish Statistical Institute is scheduled to issue consumer and producer price figures. Inflation is forecast to rise to 16.8 percent in July from 15.7 percent in June.

At 3.15 am ET, Spain's services PMI results are due. The indicator is expected to drop marginally to 53.5 in July from 53.6 in June.

At 3.45 am ET, IHS Markit publishes Italy's composite PMI results. Economists forecast the index to remain unchanged at 50.1 in July.

Thereafter, final PMI results are due from France and Germany at 3.50 and 3.55 am ET, respectively.

At 4.00 am ET, Eurozone final composite PMI data is due. The final reading is seen at 51.5 in July, unchanged from flash estimate.

In the meantime, the Society of Motor Manufacturers & Traders publishes UK car registrations data for July.

At 4.30 am ET, Eurozone Sentix investor confidence results are due. The index is seen at -7 in August compared to -5.8 in July.

In the meantime, IHS Markit releases UK services PMI. Economists forecast the indicator to rise to 50.5 in July from 50.2 in June.

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