FOREX TradingCharts.com

Financial News: European Economics Preview: Eurozone GDP Data Due

European Economics Preview: Eurozone GDP Data Due

07/31/2019 - 01:12:00 (RTTNews)

(RTTNews) - Quarterly national accounts, flash inflation and unemployment figures from the euro area are due on Wednesday, headlining a busy day for the European economic news.

At 2.00 am ET, the Nationwide Building Society is slated to issue UK house price data for July. Economists forecast house prices to rise 0.1 percent annually after climbing 0.5 percent in June.

In the meantime, retail sales and unemployment reports are due from Germany. Economists forecast retail sales to grow 0.6 percent on year in June, slower than the 4 percent increase in May.

At 2.45 am ET, France's Insee releases flash inflation data for July. Inflation is expected to remain unchanged at 1.2 percent.

At 3.00 am ET, GDP from Spain and foreign trade from Turkey are due.

At 3.55 am ET, the Federal Labor Agency is scheduled to issue Germany's unemployment figures. The jobless rate is seen unchanged at 5 percent in July.

At 4.00 am ET, Italy's unemployment figures are due. The jobless rate is expected to rise slightly to 10 percent in June from 9.9 percent in May.

At 5.00 am ET, Eurostat publishes Eurozone GDP, inflation and unemployment figures for the second quarter. The economy is forecast to grow 0.2 percent on quarter, slower than the 0.4 percent expansion in the first quarter.

Flash inflation is expected to ease slightly to 1.1 percent in July from 1.2 percent in June. Economists forecast euro area jobless rate to remain unchanged at 7.5 percent in June.

At 6.00 am ET, Italy's Istat releases GDP data for the second quarter. GDP is expected to drop 0.1 percent on quarter, reversing a 0.1 percent rise in the first quarter.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Fed Intends To Remain Flexible Regarding Future Interest Rate Cuts (02 hr(s), 16 min(s), 51 sec(s) ago)
(RTTNews) - Citing a lack of clarity about when the risks to the U.S. economy will be resolved, th ...Full Story»

Zambia Holds Rate Steady On High Inflation, Weaker Growth Outlook (06 hr(s), 32 min(s), 51 sec(s) ago)
(RTTNews) - Zambia's central bank left its key interest rate unchanged on Wednesday, after rai ...Full Story»

Spain Exports Rise In June (06 hr(s), 46 min(s), 51 sec(s) ago)
(RTTNews) - Spanish merchandise exports rose 0.9 percent year-on-year in June, mainly due to incre ...Full Story»

U.S. Existing Home Sales Rebound More Than Expected In July (06 hr(s), 46 min(s), 51 sec(s) ago)
(RTTNews) - Existing home sales in the U.S. showed a notable rebound in the month of July, accordi ...Full Story»

Continued Monitoring Of Financial Stability Risks Needed: Thailand CB Minutes (07 hr(s), 29 min(s), 51 sec(s) ago)
(RTTNews) - Risks to financial stability such as high household debt, warrants continued monitorin ...Full Story»

Belgium Consumer Confidence Lowest Since November 2016 (07 hr(s), 52 min(s), 51 sec(s) ago)
(RTTNews) - Belgium's consumer confidence dropped sharply in August after a modest improvement ...Full Story»

UK Budget Balance Posts Small Surplus In July (09 hr(s), 21 min(s), 51 sec(s) ago)
(RTTNews) - The UK budget balance showed a small surplus in July, figures from the Office for Nati ...Full Story»

Latvia Producer Price Inflation Slows Further (10 hr(s), 24 min(s), 51 sec(s) ago)
(RTTNews) - Latvia producer price inflation slowed for the seventh straight month in July, figures ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Fed Intends To Remain Flexible Regarding Future Interest Rate Cuts

08/21/2019 - 14:47 PM (RTTNews)
(RTTNews) - Citing a lack of clarity about when the risks to the U.S. economy will be resolved, th ...Full Story>>

Zambia Holds Rate Steady On High Inflation, Weaker Growth Outlook

08/21/2019 - 10:31 AM (RTTNews)
(RTTNews) - Zambia's central bank left its key interest rate unchanged on Wednesday, after rai ...Full Story>>

U.S. Existing Home Sales Rebound More Than Expected In July

08/21/2019 - 10:17 AM (RTTNews)
(RTTNews) - Existing home sales in the U.S. showed a notable rebound in the month of July, accordi ...Full Story>>

Spain Exports Rise In June

08/21/2019 - 10:17 AM (RTTNews)
(RTTNews) - Spanish merchandise exports rose 0.9 percent year-on-year in June, mainly due to incre ...Full Story>>

Continued Monitoring Of Financial Stability Risks Needed: Thailand CB Minutes

08/21/2019 - 09:34 AM (RTTNews)
(RTTNews) - Risks to financial stability such as high household debt, warrants continued monitorin ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.