The outcome of monetary policy committee meeting of the Bank of England and foreign trade from Germany are due on Thursday, headlining a busy day for the European economic news.
At 1.45 am ET, the State Secretariat for Economic Affairs is set to publish Swiss unemployment data. The jobless rate is forecast to rise to 3.4 percent in September from 3.3 percent in August.
At 2.00 am ET, Destatis releases German foreign data figures. The trade surplus is seen falling to EUR 19 billion in August from EUR 25 billion in July.
At 2.30 am ET, the Bank of France is set to issue business sentiment survey data. The business confidence index is forecast to remain unchanged at 100 in September.
At 3.00 am ET, unemployment from the Czech Republic and consumer prices from Hungary are due. Also, Turkey’s industrial output report is due.
The Czech jobless rate is expected to fall marginally to 6.1 percent in September from 6.2 percent in August. Hungary’s consumer prices are forecast to fall 0.1 percent year-on-year in September after remaining flat in August.
At 5.00 am ET, Greece jobless figures are due. The unemployment rate is seen rising to 25.4 percent in July from 24.6 in June.
At 6.00 am ET, Ireland’s consumer price data for September is due. Inflation remained flat in August.
At 7.00 am ET, the Bank of England is set to announce its rate decision. The bank is expected to hold its key rate at 0.50 percent and quantitative easing at GBP 375 billion. At the September meeting, the MPC voted 8-1 to keep rates unchanged and unanimously decided to retain asset purchase plan.
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