European Economics Preview: Eurozone Unemployment Data Due
Unemployment from euro area and retail sales from Germany are
due on Wednesday, headlining a light day for the European economic
At 2.00 am ET, Destatis is scheduled to issue Germany's retail
sales data for October. Economists forecast sales to grow 1.2
percent on month after falling 2.2 percent in September.
Half an hour later, Swiss consumer price data is due. Prices are
expected to fall 0.5 percent annually, following a 0.6 percent drop
At 3.00 am ET, Spain unemployment data is due from the labor
At 4.00 am ET, Italy's Istat releases unemployment data for
October. The jobless rate is forecast to rise to 9.9 percent from
9.6 percent in September.
At 5.00 am ET, Eurostat is set to issue euro area unemployment
and producer price figures for October. Economists expect the
unemployment rate to rise marginally to 8.4 percent from 8.3
percent in September.
At 7.00 am ET, Poland's central bank is scheduled to announce
its interest rate decision. The bank is forecast to hold its key
rate at 0.10 percent.