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

European Economics Preview: Eurozone Flash PMI Data Due

07/24/2019 - 00:15:00 (RTTNews)

(RTTNews) - Flash Purchasing Managers' survey data from euro area is due on Wednesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland releases producer price data for June.

At 2.45 am ET, the French statistical office Insee publishes manufacturing sentiment survey data. The confidence index is seen unchanged at 102 in July.

At 3.15 am ET, France's flash PMI data is due. The composite index is forecast to fall to 52.5 in July from 52.7 in June.

At 3.30 am ET, IHS Markit releases Germany's flash composite PMI. Economists expect the composite index to fall to 52.4 in July from 52.6 a month ago.

At 4.00 am ET, Eurozone flash PMI data is due. The composite PMI is seen at 52.1 in July compared to 52.2 in June.

In the meantime, the European Central Bank releases euro area money supply data. M3 is forecast to grow 4.6 percent on year in June following a 4.8 percent rise in May.

At 4.30 am ET, UK Finance is set to publish UK mortgage approvals for June. The number of mortgage approvals is seen at 42,800 versus 42,384 in May.

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