FOREX TradingCharts.com

Financial News: European Economics Preview: Germany Ifo Business Confidenc

European Economics Preview: Germany Ifo Business Confidence Data Due

08/25/2020 - 00:07:00 (RTTNews)

(RTTNews) - Business confidence and revised quarterly national accounts from Germany are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data for the second quarter. According to preliminary estimate, the economy contracted 10.1 percent sequentially versus a 2 percent fall in the first quarter.

In the meantime, Statistics Norway releases the second quarter GDP data. The mainland Norway is forecast to shrink 6.1 percent sequentially versus a 2.1 percent drop in the first quarter.

At 3.00 am ET, producer prices from Spain and industrial production from Austria are due.

Half an hour later, Statistics Sweden is set to issue producer prices for July. Prices had declined 3.8 percent on year in June.

At 4.00 am ET, Germany's ifo business confidence survey results are due. Economists forecast the business climate indicator to rise to 92.2 in August from 90.5 in July. In the meantime, unemployment data is due from Poland. The jobless rate is seen unchanged at 6.1 percent in July.

At 6.00 am ET, the Confederation of British Industry publishes Distributive Trades survey data for August. The retail sales balance is forecast to rise to 8 percent from 4 percent in July.

At 8.00 am ET, Hungary's central bank is set to announce its interest rate decision. The bank is set to keep its key rate unchanged at 0.60 percent.

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


Thai Trade Data Due On Tuesday (05 hr(s), 27 min(s), 59 sec(s) ago)
(RTTNews) - Thailand will on Tuesday release August figures for imports, exports and trade balance ...Full Story»

South Korea Producer Prices Climb 0.5% In August (05 hr(s), 33 min(s), 59 sec(s) ago)
(RTTNews) - Producer prices in South Korea were up 0.5 percent on month in August, the Bank of Kor ...Full Story»

Luxembourg Jobless Rate Falls Further (13 hr(s), 44 min(s), 59 sec(s) ago)
(RTTNews) - Luxembourg's unemployment rate fell for a second straight month in August to its l ...Full Story»

UK Household Finances Continue To Deteriorate In September (17 hr(s), 28 min(s), 59 sec(s) ago)
(RTTNews) - UK households' perception about the financial well-being showed another sharp fall ...Full Story»

Belgium Consumer Confidence Rebound Strongly To 7-month High (17 hr(s), 49 min(s), 59 sec(s) ago)
(RTTNews) - Belgium's consumer confidence rebounded strongly in September to its highest level ...Full Story»

Hong Kong Consumer Prices Fall For Second Month (18 hr(s), 03 min(s), 59 sec(s) ago)
(RTTNews) - Hong Kong's consumer price declined for the second straight month in August, data ...Full Story»

UK House Prices Rise Most In 4 Years: Rightmove (18 hr(s), 03 min(s), 59 sec(s) ago)
(RTTNews) - UK house prices increased at the fastest pace in four years in September driven by hig ...Full Story»

Estonia Producer Prices Fall Further (18 hr(s), 06 min(s), 59 sec(s) ago)
(RTTNews) - Estonia's producer prices continued to decline in August, data from Statistics Est ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Thai Trade Data Due On Tuesday

09/21/2020 - 18:04 PM (RTTNews)
(RTTNews) - Thailand will on Tuesday release August figures for imports, exports and trade balance ...Full Story>>

South Korea Producer Prices Climb 0.5% In August

09/21/2020 - 17:58 PM (RTTNews)
(RTTNews) - Producer prices in South Korea were up 0.5 percent on month in August, the Bank of Kor ...Full Story>>

Luxembourg Jobless Rate Falls Further

09/21/2020 - 09:47 AM (RTTNews)
(RTTNews) - Luxembourg's unemployment rate fell for a second straight month in August to its l ...Full Story>>

UK Household Finances Continue To Deteriorate In September

09/21/2020 - 06:03 AM (RTTNews)
(RTTNews) - UK households' perception about the financial well-being showed another sharp fall ...Full Story>>

Belgium Consumer Confidence Rebound Strongly To 7-month High

09/21/2020 - 05:42 AM (RTTNews)
(RTTNews) - Belgium's consumer confidence rebounded strongly in September to its highest level ...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.