Inflation and unemployment from euro area are due on Wednesday, headlining a busy day for the European economic news.
At 2.00 am ET, Destatis is scheduled to publish Germany's retail sales and unemployment data for July. Sales are forecast to rise 0.5 percent on a monthly basis, reversing a 0.1 percent drop in June.
In the meantime, U.K. Nationwide house price data is due. Economists forecast house prices to rise 4.9 percent annually in August versus a 5.2 percent increase in July.
At 2.00 am ET, Switzerland's UBS consumption indicator for July also is due.
At 2.45 am ET, the French statistical office Insee is scheduled to issue flash consumer and producer prices and household spending figures. Consumer price inflation is expected to rise marginally to 0.3 percent in August from 0.2 percent in July.
At 3.00 am ET, producer prices from Hungary and foreign trade from Turkey are due.
At 3.55 am ET, unemployment data from Germany is due. The jobless rate is forecast to remain unchanged at 6.1 percent in August.
At 4.00 am ET, Italy's unemployment figures are due. Economists forecast the unemployment rate to come in at 11.6 percent in June, the same as in May.
GDP and credit growth reports are also due from Norway at 4.00 am. The mainland GDP is forecast to grow 0.3 percent sequentially in the second quarter.
At 5.00 am ET, Eurostat is slated to release euro area consumer prices and unemployment data. Flash inflation is expected to rise marginally to 0.3 percent in August from 0.2 percent in July.
Italy's preliminary consumer prices are also due at 5.00 am ET. Economists forecast consumer prices to remain flat in August after easing 0.1 percent in July.
At 8.00 am ET, the Central Statistical Office is scheduled to publish Poland's consumer prices for August. Prices are forecast to drop 0.9 percent annually.
by RTT Staff Writer
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