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Financial News: European Economics Preview: Germany ZEW Economic Confidenc

European Economics Preview: Germany ZEW Economic Confidence Due

09/17/2019 - 00:21:00 (RTTNews)

(RTTNews) - Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news.

At 3.30 am ET, Statistics Sweden is scheduled to issue unemployment data for August. The jobless rate is seen falling to 6.3 percent from 6.9 percent in July.

In the meantime, Sweden's central bank is slated to release minutes of the monetary policy meeting held on September 4.The Executive Board of Riksbank had decided to hold the repo rate unchanged at -0.25 percent. At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic confidence index is forecast to rise sharply to -3.5 in September from -44.1 in August.

The ZEW current conditions index is seen at -15 in September versus -13.5 in August.

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