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Financial News: European Economics Preview: French Consumer Confidence Dat

European Economics Preview: French Consumer Confidence Data Due

04/27/2020 - 23:03:00 (RTTNews)

(RTTNews) - Consumer confidence survey data from France is due on Tuesday, headlining a light day for the European economic news.

At 2.45 am ET, France's Insee is set to issue monthly consumer confidence survey results. The confidence index is forecast to fall sharply to 83 in April from 103 in March.

At 3.00 am ET, Spain's quarterly unemployment data is due from the statistical office INE. The jobless rate is expected to rise to 15.6 percent in the first quarter from 13.78 percent in the previous quarter.

At 3.30 am ET, Sweden's central bank is set to release its monetary policy report. In the meantime, retail sales and foreign trade figures are due from Statistics Sweden.

Half an hour later, IHS Markit releases Austria's manufacturing Purchasing Managers' survey results for April.

At 6.00 am ET, the Confederation of British Industry releases Distributive Trades survey results. The UK retail sales balance is seen at -40 percent in April versus -3 percent in March.

At 8.00 am ET, Hungary's central bank interest rate decision is due. The bank is expected to hold its key rate at 0.90 percent.

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