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

European Economics Preview: Eurozone Flash PMI Data Due

08/21/2019 - 23:50:00 (RTTNews)

(RTTNews) - Flash Purchasing Managers' survey data from euro area is due on Thursday, headlining a light day for the European economic news.

At 2.30 am ET, the Federal Statistical Office is scheduled to publish Swiss industrial output figures for the second quarter.

At 3.15 am ET, IHS Markit releases France's composite PMI results. Economists forecast the composite PMI to remain unchanged at 51.9 in August.

At 3.30 am ET, Germany's flash PMI report is due. The composite index is seen at 50.6 in August versus 50.9 in July.

Half an hour later, IHS Markit is set to issue Eurozone composite PMI data. The index is expected to fall to 51.2 in August from 51.5 in July.

At 6.00 am ET, the Confederation of British Industry is set to release quarterly Distributive Trades survey. The reported sales balance is forecast to rise to -15 percent in August from -16 percent in July.

At 7.30 am ET, the European Central Bank is slated to publish the accounts of the monetary policy meeting of the Governing Council held on July 24 and 25.

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