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Financial News: European Economics Preview: Germany's Factory Orders Data

European Economics Preview: Germany's Factory Orders Data Due

05/08/2017 - 01:41:00 (RTTNews)

(RTTNews) - Factory orders from Germany and Sentix investor confidence from euro area are due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's manufacturing orders for March. Economists forecast orders to grow 1 percent on month in March, slower than February's 3.4 percent increase.

In the meantime, Norway's industrial production data is due for March. Production dropped 0.5 percent on month in February.

At 3.00 am ET, the Turkish Statistical Institute is slated to release industrial output figures for March. Production had fallen 0.4 percent in February.

At 4.30 am ET, Eurozone Sentix investor confidence data is due. The investor sentiment index is forecast to rise to 24.7 in May from 23.9 in April.

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