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Financial News: European Economics Preview: Eurozone Unemployment Data Due

European Economics Preview: Eurozone Unemployment Data Due

07/02/2018 - 01:49:00 (RTTNews)

(RTTNews) - Unemployment and final manufacturing Purchasing Managers' survey from Eurozone are due on Monday, headlining a busy day for the European economic news.

At 3.15 am ET, Swiss retail sales data is due for May. Sales are forecast to rise 1.4 percent on year in May. In the meantime, Spain's factory PMI is due.

At 3.45 am ET, IHS Markit publishes Italy's factory PMI for June. The index is seen at 52.5 in June versus 52.7 in May.

Thereafter, final PMI figures are due from France and Germany.

At 4.00 am ET, IHS Markit is set to release euro area manufacturing PMI data. The index score is expected to match the flash score of 55.0 in June.

In the meantime, Italy's unemployment data is due for May. The jobless rate stood at 11.2 percent in April.

At 4.30 am ET, UK CIPS/Markit factory PMI is due. The index is forecast to drop to 54.2 in June from 54.4 in May.

At 5.00 am ET, Eurostat releases euro area unemployment data for May. The jobless rate is expected to remain unchanged at 8.5 percent.

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