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Financial News: European Economics Preview: Germany's Foreign Trade Data D

European Economics Preview: Germany's Foreign Trade Data Due

04/09/2018 - 01:32:00 (RTTNews)

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

At 1.45 am ET, the State Secretariat for Economic Affairs is set to release Swiss unemployment data. The jobless rate is forecast to remain unchanged at seasonally adjusted 2.9 percent in March.

At 2.00 am ET, Destatis is slated to issue Germany's foreign trade data for February. The trade surplus is forecast to rise to EUR 19 billion from EUR 17.3 billion seen in January.

In the meantime, industrial output data is due from Norway.

At 3.00 am ET, foreign trade from the Czech Republic and Hungary are due.

Half an hour later, UK Halifax house price data is due. Economists forecast prices to gain 0.1 percent in March versus 0.4 percent increase in February.

At 4.30 am ET, Eurozone Sentix investor confidence data is due. The sentiment index is expected to drop to 20.8 in April from 24 in March.

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