European Economics Preview: Eurozone Unemployment Data Due

Unemployment and final factory Purchasing Managers' survey results from Eurozone are due on Friday.

At 3.00 am ET, factory PMI reports are due from Hungary, Norway, Poland and Turkey.

At 3.15 am ET, Switzerland's retail sales data for May is due. Sales had decreased 1.9 percent on a yearly basis in April.

In the meantime, Spain's manufacturing PMI is due. The score is forecast to rise to 52 in June from 51.8 in May.

At 3.45 am ET, Markit publishes Italy's manufacturing PMI data. Economists forecast the index to remain unchanged at 52.4 in June.

Thereafter final factory PMI reports are due from France and Germany.

At 4.00 am ET, Markit is set to issue Eurozone final manufacturing PMI. The index is forecast to match the flash reading of 52.6.

In the meantime, unemployment figures are due from Italy and Norway. Italy's jobless rate is expected to remain unchanged at 11.7 percent in April.

At 4.30 am ET, Markit releases U.K. factory PMI data for June. The factory PMI is seen unchanged at 50.1 in June.

At 5.00 am ET, Eurostat is scheduled to issue unemployment figures for May. The euro area jobless rate is forecast to fall to 10.1 percent in May from 10.2 percent in April.

Ireland's unemployment data for June is due at 6.00 am ET.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Original Article