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Financial News: European Economics Preview: Germany Factory Orders Data Du

European Economics Preview: Germany Factory Orders Data Due

04/06/2020 - 01:25:00 (RTTNews)

(RTTNews) - Factory orders from Germany and investor confidence from euro area are due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for February. Orders are expected to fall 2.5 percent on month, in contrast to a 5.5 percent rise in January.

At 3.00 am ET, the Czech Statistical Office releases industrial output and foreign trade data. Industrial output is expected to fall 0.8 percent on year, following a 1.4 percent decrease in January.

At 3.30 am ET, IHS Markit is set to issue Germany's construction Purchasing Managers' survey data for March.

At 4.30 am ET, Eurozone Sentix investor confidence data is due. The sentiment index is forecast to decline sharply to -37.5 in April from -17.1 in March.

In the meantime, UK Markit/CIPS construction PMI data is due. Economists forecast the index to fall to 44.0 in March from 52.6 in February.

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