Consumer confidence from Germany and flash Purchasing Managers’ survey data from Eurozone are due on Friday, headlining a busy day for the European economic news.
At 2.00 am ET, Germany’s GfK consumer confidence data is due. The forward-looking index is expected to remain unchanged at 10.1 in September.
At 3.00 am ET, flash PMI data is due from France. The flash manufacturing PMI is expected to rise to 49.7 in August from 49.6 in July. The services PMI is seen unchanged at 52.
In the meantime, Turkey’s statistical office releases consumer confidence survey data. The consumer sentiment index is forecast to rise to 65 in August from 64.7 in July.
Half an hour later, Markit is set to publish Germany’s flash PMI data. The manufacturing PMI is expected to fall to 51.6 in August from 51.8 in July. The services PMI is seen easing to 53.7 in August from 53.8 in July.
At 4.00 am ET, Eurozone flash PMI report is due. Economists expect the composite PMI to fall to 53.7 in August from 53.9 in July.
Half an hour later, the Office for National Statistics is scheduled to release U.K. public sector finance data. Public sector net borrowing is forecast to show a negative balance of GBP 1.1 billion in July.
The material has been provided by InstaForex Company – www.instaforex.com