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Financial News: European Economics Preview: Germany's GfK Consumer Confide

European Economics Preview: Germany's GfK Consumer Confidence Data Due

09/26/2019 - 00:13:00 (RTTNews)

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

At 2.00 am ET, the market research group GfK releases Germany's consumer confidence data. The forward-looking index is forecast to drop marginally to 9.6 in October from 9.7 in September.

At 3.00 am ET, the National Institute of Economic Research is scheduled to issue Sweden's economic tendency survey results. The corresponding index is seen at 95.2 in September versus 94.9 in August.

Half an hour later, producer prices and foreign trade figures are due from Sweden.

At 4.00 am ET, the European Central Bank publishes euro area monetary aggregates for August. M3 money supply is forecast to grow 5.1 percent on year, following a 5.2 percent rise in July.

The ECB also releases economic bulletin at 4.00 am ET.

In the meantime, IHS Markit is slated to issue Austria's manufacturing Purchasing Managers' survey data for September.

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