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

European Economics Preview: Eurozone Flash PMI Data Due

11/23/2017 - 00:21:00 (RTTNews)

(RTTNews) - Flash Purchasing Managers' survey results from euro area and revised quarterly national accounts from Germany and the UK are due on Thursday.

At 2.00 am ET, Destatis is scheduled to release Germany's detailed GDP report for the third quarter. The economy is forecast to grow 0.8 percent as initially estimated.

At 2.45 am ET, the French statistical office Insee releases manufacturing confidence survey data. The confidence index is seen unchanged at 111 in November.

At 3.00 am ET, IHS Markit is slated to issue France's flash PMI survey data. Economists forecast the composite PMI to drop to 57.2 in November from 57.4 in October.

At 3.30 am ET, Germany's flash PMI is due. The composite PMI is seen at 56.7 in November versus 56.6 a month ago.

At 4.00 am ET, IHS Markit publishes euro area composite PMI. Economists expect the index to remain unchanged at 56.0 in November.

Half an hour later, the Office for National Statistics releases UK quarterly national accounts. According to preliminary estimate, the economy expanded 0.4 percent in the third quarter.

At 7.30 am ET, the European Central Bank publishes the accounts of the monetary policy meeting of the Governing Council held on October 25 and 26.

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