Business confidence from Germany is the major report due on Friday, headlining a light day for the European economic news.
At 3.00 am ET, Spain’s producer prices report for March is due. Producer prices were down 1.6 percent year-on-year in February.
In the meantime, the Czech Statistical Office is slated to release business sentiment survey data for April. The indicator stood at 11.6 points in March.
Half an hour later, Statistics Netherlands is set to publish producer confidence data for April.
At 4.00 am ET, Germany’s Ifo business confidence survey data is due. The business climate index is expected to rise to 108.4 in April from 107.9 in March.
Germany’s expectations index is seen at 104.5 compared to 103.9 a month ago and the current conditions index is forecast to improve marginally to 112.4 from 112 in March.
Also, Poland’s unemployment data is due. The jobless rate is expected to fall to 11.7 percent in March from 12 percent in February.
Turkey’s capacity utilization data is due at 7.30 am ET. Economists forecast the rate to rise to 73.6 percent in April from 72.4 percent in March.
Eurogroup finance ministers are set to meet in Latvia’s capital Riga on Friday. Ministers will discuss the situation in Greece. According to the current agreements, the Greek authorities are working on a reform plan to be agreed with external lenders.
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