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

European Economics Preview: Eurozone Flash PMI Data Due

08/23/2018 - 01:50:00 (RTTNews)

(RTTNews) - Flash Purchasing Managers' survey from euro area and manufacturing sentiment from France are due on Thursday, headlining a busy day for the European economic news.

At 2.45 am ET, France's Insee publishes manufacturing sentiment survey results. The confidence index is seen unchanged at 108 in August.

At 3.00 am ET, IHS Markit publishes France's flash Purchasing Managers' survey data. The composite index is forecast to rise to 54.6 in August from 54.4 in July.

Half an hour later, Germany's flash PMI results are due. Economists expect the composite index to rise slightly to 55.1 in August from 55 in July.

In the meantime, Sweden's unemployment data is due. The jobless rate is forecast to drop to 6.2 percent in July from 6.3 percent in June.

At 4.00 am ET, IHS Markit publishes Eurozone flash composite PMI data. The index is expected to rise marginally to 54.5 in August from 54.3 in July.

At 7.30 am ET, the European Central Bank publishes account of the monetary policy meeting.

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