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Financial News: European Economic News Preview: UK Halifax House Price

European Economic News Preview: UK Halifax House Price Data Due

05/09/2023 - 01:16:00 (RTTNews)

(RTTNews) - House prices data from the UK is the only major economic report due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, UK Halifax house price data is due. House prices are forecast to rise 0.2 percent on month in April, after rising 0.8 percent in March.

At 2.45 am ET, the Bank of France releases current account data for March. The current account deficit is seen widening to EUR 3.3 billion from EUR 3.0 billion in February.

Also, France's foreign trade data is due from the customs office. Economists expect the deficit to narrow to EUR 9.3 billion in March from EUR 9.9 billion in February. At 3.00 am ET, the Czech Statistical Office releases industrial and construction output and foreign trade figures. Industrial output is expected to grow 1.9 percent annually after rising 2.0 percent in February.

At 6.00 am ET, industrial production data is due from Ireland.

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