European Economics Preview: Eurozone Economic Sentiment Data Due

Economic confidence from euro area and unemployment from Germany are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, the U.K. Nationwide house prices are due. House prices are forecast to grow 4.5 percent on a yearly basis in July, following a 5.1 percent increase in June.

In the meantime, the European Automobile Manufacturers' Association is set to issue commercial vehicle registrations data for June.

At 3.00 am ET, unemployment figures from Hungary are due. Economists forecast the jobless rate to fall to 5.4 percent in June from 5.5 percent in May.

At 3.30 am ET, Statistics Sweden releases retail sales for June. Sales are forecast to grow 0.1 percent on month versus a 1.7 percent rise in May.

At 3.55 am ET, the Federal Labor Agency publishes Germany's unemployment for July. The jobless rate is forecast to remain unchanged at 6.1 percent in July.

At 5.00 am ET, Eurozone economic and business confidence survey results are due. The economic confidence index is seen easing to 103.5 in July from 103.6 in June.

In the meantime, Italy's retail sales are due. Sales are forecast to fall 0.2 percent on a monthly basis in May versus a 0.1 percent rise in April.

At 8.00 am ET, Destatis is scheduled to publish Germany's flash consumer prices. Inflation is expected to remain at 0.3 percent in July.

by RTT Staff Writer

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