Foreign trade data from the U.K. is due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, Germany’s wholesale prices for June and insolvencies for April are due.
At 2.45 am ET, the French statistical office Insee is set to publish industrial output data for May. Economists forecast output to rise 0.4 percent month-on-month in May following a 0.9 percent fall in April.
At 3.00 am ET, Turkey’s current account data is due. The current account deficit is expected to widen to $3.53 billion in May from $3.41 billion in April.
At 4.00 am ET, Italy’s industrial output figures are due. Production is forecast to grow 0.3 percent month-on-month in May, reversing a 0.3 percent fall in April.
In the meantime, Norway’s consumer and producer prices are due. Consumer prices were up 2.1 percent on a yearly basis in May.
At 4.30 am ET, the Office for National Statistics is set to issue U.K. foreign trade and construction output figures. The visible trade deficit is seen widening to GBP 9.7 billion in May from GBP 8.5 billion in April. Construction output is expected to grow 0.8 percent in May, offsetting a 0.8 percent drop in prior month.
The material has been provided by InstaForex Company – www.instaforex.com