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Financial News: European Economics Preview: Germany Foreign Trade Data Due

European Economics Preview: Germany Foreign Trade Data Due

10/08/2020 - 00:38:00 (RTTNews)

(RTTNews) - Foreign trade data from Germany is due on Thursday, headlining a light day for the European economic news.

At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss jobless rate for September. The jobless rate is seen at seasonally adjusted 3.4 percent, unchanged from August.

At 2.00 am ET, Destatis is set to publish Germany's foreign trade figures. Economists forecast exports and imports to grow 1.4 percent each on a monthly basis in August.

At 3.00 am ET, the Hungarian Central Statistical Office releases consumer prices for September. Inflation is forecast to remain unchanged at 3.9 percent.

In the meantime, retail sales data is due from the Czech Republic. Economists expect sales to advance 1.8 percent on year in August versus a 3 percent rise in July.

At 5.00 am ET, unemployment data is due from Greece. At 7.30 am ET, the European Central Bank is set to issue the account of the monetary policy meeting of the Governing Council held on September 9 and 10.

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