FOREX TradingCharts.com

Financial News: European Economics Preview: Eurozone Flash GDP Data Due

European Economics Preview: Eurozone Flash GDP Data Due

10/30/2020 - 00:27:00 (RTTNews)

(RTTNews) - Flash quarterly national accounts, consumer prices and unemployment reports from the euro area are due on Friday, headlining a busy day for the European economic news.

At 2.30 am ET, the French statistical office Insee is set to publish first estimate for the third quarter GDP and household consumption for September. The economy is forecast to grow 15.4 percent sequentially, in contrast to a 13.8 percent fall in the second quarter.

At 3.00 am ET, Destatis is slated to release Germany's retail sales figures for September. Economists forecast sales to drop 0.8 percent on month, reversing a 3.1 percent rise in August.

Germany's Gfk consumer confidence survey data is due.

In the meantime, UK Nationwide house price data is due. House prices are expected to climb 5.2 percent annually after rising 5 percent in September.

At 3.45 am ET, preliminary consumer price data is due from France. EU harmonized prices are forecast to gain 0.1 percent annually after staying flat a month ago.

At 4.00 am ET, Spain's INE releases flash GDP data for the third quarter. The economy is expected to expand 13.5 percent sequentially, reversing a 17.8 percent fall in the second quarter.

At 6.00 am ET, Eurostat is slated to issue euro area flash quarterly national accounts, consumer prices and unemployment data. The currency bloc is forecast to grow 9.4 percent sequentially in the third quarter, in contrast to an 11.8 percent fall in the second quarter.

Eurozone consumer prices are forecast to drop 0.3 percent annually in October, the same pace of fall as seen in September. The jobless rate is expected to rise to 8.3 percent in September from 8.1 percent in August.

In the meantime, Italy's preliminary consumer price data is due. Consumer prices are forecast to fall 0.4 percent annually in October after easing 0.6 percent in September.

At 7.00 am ET, Italy's Istat publishes GDP figures for the third quarter. GDP is expected to expand 11.2 percent on quarter versus a 13 percent drop in the second quarter.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Australia Services PMI Improves To 55.1 In November - Markit (06 min(s), 32 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in November, and at a faster rate ...Full Story»

New Zealand Building Permits Spike 8.8% In October (45 min(s), 32 sec(s) ago)
(RTTNews) - The total number of building permits issued in New Zealand was up a seasonally adjuste ...Full Story»

Australia Data On Tap For Thursday (01 hr(s), 15 min(s), 32 sec(s) ago)
(RTTNews) - Australia is scheduled to release a batch of data on Thursday, setting the pace for a ...Full Story»

Most Fed Districts Characterize U.S. Economic Growth As Modest Or Moderate (03 hr(s), 25 min(s), 32 sec(s) ago)
(RTTNews) - Economic growth in the U.S. has been characterized as modest or moderate by most Feder ...Full Story»

U.S. Private Sector Job Growth Misses Estimates In November (08 hr(s), 51 min(s), 32 sec(s) ago)
(RTTNews) - Payroll processor ADP released a report on Wednesday showing private sector employment ...Full Story»

U.S. Private Sector Employment Rises Less Than Expected In November (09 hr(s), 23 min(s), 32 sec(s) ago)
(RTTNews) - Payroll processor ADP released a report on Wednesday showing private sector employment ...Full Story»

Eurozone Unemployment Rate Continues To Fall (10 hr(s), 14 min(s), 32 sec(s) ago)
(RTTNews) - The euro area unemployment rate continued to fall in October with the gradual relaxati ...Full Story»

Ireland Jobless Rate Rises In November (10 hr(s), 37 min(s), 32 sec(s) ago)
(RTTNews) - Ireland's jobless rate rises in November, figures from the Central Statistics Offi ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Australia Services PMI Improves To 55.1 In November - Markit

12/02/2020 - 17:39 PM (RTTNews)
(RTTNews) - The services sector in Australia continued to expand in November, and at a faster rate ...Full Story>>

New Zealand Building Permits Spike 8.8% In October

12/02/2020 - 17:00 PM (RTTNews)
(RTTNews) - The total number of building permits issued in New Zealand was up a seasonally adjuste ...Full Story>>

Australia Data On Tap For Thursday

12/02/2020 - 16:30 PM (RTTNews)
(RTTNews) - Australia is scheduled to release a batch of data on Thursday, setting the pace for a ...Full Story>>

Most Fed Districts Characterize U.S. Economic Growth As Modest Or Moderate

12/02/2020 - 14:20 PM (RTTNews)
(RTTNews) - Economic growth in the U.S. has been characterized as modest or moderate by most Feder ...Full Story>>

U.S. Private Sector Job Growth Misses Estimates In November

12/02/2020 - 08:54 AM (RTTNews)
(RTTNews) - Payroll processor ADP released a report on Wednesday showing private sector employment ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.