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Financial News: European Economics Preview: Eurozone Final PMI Data Due

European Economics Preview: Eurozone Final PMI Data Due

03/01/2020 - 23:11:00 (RTTNews)

(RTTNews) - Final Purchasing Managers' survey results from the euro area and the UK are due on Monday, headlining a busy day for the European economic news.

At 2.30 am ET, Sweden's manufacturing PMI survey results are due. Economists forecast the index to fall to 51.0 in February from 51.5 in January.

At 3.00 am ET, unemployment from Austria and manufacturing PMI from Hungary are due.

Final Purchasing Managers' survey data is due from France and Germany at 3.50 and 3.55 am ET, respectively.

At 4.00 am ET, IHS Markit releases Eurozone manufacturing PMI data. The final reading is seen at 49.1 in February, unchanged from the flash estimate.

Half an hour later, final PMI and mortgage approvals figures are due from the UK. Economists expect the final factory PMI score to match the flash estimate of 51.9 in February. The number of mortgage approvals is forecast to rise to 68,000 in January from 67,200 in December.

At 5.00 am ET, the Organisation for Economic Co-operation and Development is slated to publish its interim economic outlook.

In the meantime, Italy's Istat publishes annual GDP data for 2019.

For comments and feedback: contact editorial@rttnews.com

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