Financial News: European Economic News Preview: Eurozone Final Composite P

European Economic News Preview: Eurozone Final Composite PMI Data Due

04/04/2024 - 02:02:00 (RTTNews)

(RTTNews) - Final composite Purchasing Managers' survey results from the euro area and the UK and minutes of the monetary policy meeting from the European Central Bank are the top economic news due on Thursday.

At 2.30 am ET, the Federal Statistical Office publishes Swiss consumer prices for March. Inflation is forecast to rise slightly to 1.3 percent from 1.2 percent in the previous month.

At 3.15 am ET, Spain services and composite Purchasing Managers' survey results are due. The services PMI is seen at 55.5 in March, up from 54.7 in February.

At 3.45 am ET, Italy's PMI survey data is due. Economists expect the services index to advance to 53.0 in March from 52.2 in the previous month.

At 3.50 am ET, final PMI survey data is due from France. The composite index is expected to fall to 47.7 in March, as estimated, from 48.1 a month ago.

At 3.55 am ET, Germany's final PMI survey data is due. Economists expect the composite indicator to rise to 47.4 from 46.3 in the previous month.

At 4.00 am ET, S&P Global publishes euro area final composite PMI survey results. The composite index is seen at 49.9 in March, up from 49.2 a month ago and in line with flash estimate.

At 4.30 am ET, UK S&P/CIPS composite PMI data is due.

At 5.00 am ET, Eurostat is scheduled to release euro area producer prices for February. Producer prices are expected to fall 8.6 percent annually, the same pace of decline as seen in January.

At 7.30 am ET, the ECB is set to publish the account of the monetary policy meeting of the Governing Council held on March 6 and 7.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Hong Kong Private Sector PMI Slips In April - S&P Global (49 min(s), 22 sec(s) ago)
(RTTNews) - The private sector in Hong Kong continued to expand in April, although at a slower pac ...Full Story»

Singapore Private Sector Slows In April - S&P Global (47 min(s), 22 sec(s) ago)
(RTTNews) - The private sector in Singapore continued to expand in April, although at a slower pac ...Full Story»

China Services Sector Ebbs In April - Caixin (45 min(s), 22 sec(s) ago)
(RTTNews) - The services sector in China continued to expand in April, although at a slower pace, ...Full Story»

Indonesia GDP Data Due On Monday (55 min(s), 22 sec(s) ago)
(RTTNews) - Indonesia will on Monday release Q1 figures for gross domestic product, highlighting a ...Full Story»

Norges Bank Keeps Policy Rate Steady At 4.50% (47 min(s), 22 sec(s) ago)
(RTTNews) - The Norwegian central bank maintained its key interest rate for the third straight dec ...Full Story»

U.S. Service Sector Activity Contracts For First Time Since December 2022 (26 min(s), 22 sec(s) ago)
(RTTNews) - After growing for fifteen consecutive months, U.S. service sector activity unexpectedl ...Full Story»

Eurozone Unemployment Rate Steady At 6.5% For Fifth Month (08 min(s), 22 sec(s) ago)
(RTTNews) - Euro area jobless rate remained unchanged at a record low for the fifth month in a row ...Full Story»

U.S. Services PMI Unexpectedly Indicates Contraction In April (03 min(s), 22 sec(s) ago)
(RTTNews) - After growing for fifteen consecutive months, U.S. service sector activity unexpectedl ...Full Story»