Quarterly national accounts from the U.K. and monetary policy announcement from Riksbank are due on Thursday, headlining a busy day for the European economic news.
At 2.00 am ET, Swiss UBS consumption indicator data is due for September. The index stood at 1.53 in August.
In the meantime, Statistics Norway releases unemployment data for August. The jobless rate is expected to ease to 4.9 percent from 5 percent.
At 3.00 am ET, unemployment from Hungary and economic tendency survey results from Sweden are due. The jobless rate is forecast to fall to 4.8 percent in September from 4.9 percent in the prior period.
Sweden's economic tendency index is seen falling to 102.8 in October from 103 in September.
Half an hour later, Riksbank is scheduled to announce its interest rate decision. Economists expect the bank to hold its key rate at -0.50 percent.
At 4.00 am ET, the European Central Bank is slated to release monetary aggregates data for September. M2 growth is forecast to remain unchanged at 5.1 percent.
In the meantime, Norges Bank announces the outcome of its rate-setting meeting and Istat publishes consumer and business sentiment survey results. Norges Bank is forecast to keep its key rate 0.50 percent.
At 4.30 am ET, the Office for National Statistics is set to issue third quarter GDP data. Economists forecast U.K. GDP to expand 0.3 percent sequentially, slower than the 0.7 percent growth in the prior quarter.
At 6.00 am ET, the Confederation of British Industry is scheduled to release Distributive Trades survey results.
by RTT Staff Writer
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