European Economic News Preview: German Ifo Business Confidence Data Due
24 Julio 2024 - 8:47PM
RTTF2
Business confidence from Germany and monetary aggregates from
the euro area are due on Thursday, headlining a light day for the
European economic news.
At 2.00 am ET, Statistics Sweden publishes household lending and
producer prices for June.
At 2.45 am ET, France's statistical office ISTAT is scheduled to
issue business confidence survey results. The business sentiment
index is forecast to remain unchanged at 99 in July.
At 4.00 am ET, the market research group ifo Institute releases
Germany business sentiment survey data. Economists forecast the
business confidence index is forecast to climb to 88.9 in July from
88.6 in June.
In the meantime, the European Central Bank releases euro area
monetary aggregates data for June. M3 is forecast to grow 1.8
percent annually, following May's 1.6 percent increase.
At 6.00 am ET, the Confederation of British Industry is slated
to issue Industrial Trends survey results. The order book balance
is forecast to fall to -19 in July from -18 in June.
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