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Financial News: European Economics Preview: Eurozone Unemployment Data Due

European Economics Preview: Eurozone Unemployment Data Due

10/02/2017 - 01:23:00 (RTTNews)

(RTTNews) - Unemployment and flash Purchasing Managers' survey from euro area are due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, Purchasing Managers' survey data from Norway, Poland and Turkey are due. Also, Hungary's final trade data for July is due.

At 3.15 am ET, Spain's manufacturing PMI is due for September.

At 3.45 am ET, Markit releases Italy's factory PMI data. The index is seen rising to 56.9 September from 56.3 in August.

Thereafter final PMI reports are due from France, Germany at 3.50 and 3.55 am ET, respectively.

At 4.00 am ET, Eurozone final manufacturing PMI is due. The index score is forecast to match the flash estimate of 58.2 in September.

In the meantime, Italy's unemployment data is due. The jobless rate is forecast to fall marginally to 11.2 percent in August from 11.3 percent in July.

Half an hour later, UK CIPS/Markit factory PMI is due. Economists forecast the score to fall to 56.2 in September from 56.9 in previous month.

At 5.00 am ET, Eurostat is slated to release euro area unemployment data for August. The jobless rate is expected to drop to 9 percent in August from 9.1 percent in July.

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