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Financial News: European Economics Preview: UK Mortgage Approvals Data Due

European Economics Preview: UK Mortgage Approvals Data Due

10/28/2019 - 23:50:00 (RTTNews)

(RTTNews) - Mortgage approvals data from the UK is due on Tuesday, headlining a light day for the European economic news.

At 3.00 am ET, the Nationwide Building Society releases UK house price data for October. House prices are forecast to rise 0.3 percent on year, following a 0.2 percent rise in September.

At 3.45 am ET, France's Insee releases monthly consumer confidence survey results. The sentiment index is expected to remain unchanged at 104 in October.

At 4.00 am ET, Spain's INE is set to issue retail sales figures for September.

In the meantime, unemployment data is due from Hungary. The jobless rate is seen at 3.4 percent in September, unchanged from August.

At 5.00 am ET, Austria's manufacturing Purchasing Managers' survey results and producer prices from Italy are due.

At 5.30 am ET, the Bank of England is scheduled to issue UK mortgage approvals data. Economists forecast the number of mortgage approvals to fall to 65,000 in September from 65,550 in August.

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