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Financial News: European Economics Preview: Germany's GDP Data Due

European Economics Preview: Germany's GDP Data Due

08/27/2019 - 01:33:00 (RTTNews)

(RTTNews) - Revised quarterly national accounts data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's detailed GDP data. According to preliminary estimate, the economy contracted 0.1 percent sequentially in the second quarter.

At 2.45 am ET, France business and consumer confidence survey results are due. The consumer sentiment index is forecast to remain unchanged at 102 in August.

At 3.30 am ET, Statistics Sweden is scheduled to issue foreign trade and producer prices for July.

At 4.30 am ET, UK Finance publishes mortgage approvals data for July. The number of mortgage approvals is seen at 42,854 compared to 42,653 in June.

At 8.00 am ET, Hungary's central bank announces its interest rate decision. The bank is expected to keep its key rate unchanged at 0.90 percent.

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