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Financial News: European Economics Preview: Eurozone Final Factory PMI Dat

European Economics Preview: Eurozone Final Factory PMI Data Due

12/01/2019 - 23:19:00 (RTTNews)

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

At 2.00 am ET, GDP data from Turkey is due. The economy is forecast to expand 1.1 percent on year in the third quarter, following a 1.5 percent fall in the second quarter.

At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss retail sales for October.

At 3.00 am ET, foreign trade from Hungary and manufacturing PMI from Poland, Turkey are due.

At 3.45 am ET, Markit is slated to issue Italy's manufacturing PMI. Economists forecast the index to fall to 47.5 in November from 47.7 a month ago.

Thereafter, final PMI reports are due from France and Germany.

At 4.00 am ET, Markit is slated to issue euro area manufacturing PMI data. The final PMI is seen at 46.6 in November, unchanged from flash estimate.

Half an hour later, UK Markit/CIPS final PMI report is due. The factory PMI is expected to fall to 48.3 in November, as initially estimated, from 49.6 in October.

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