European Economic News Preview: UK Unemployment Data Due
17 Oktober 2023 - 3:37AM
RTTF2
Unemployment from the UK and economic sentiment from Germany are
the top economic news due on Tuesday.
At 2.00 am ET, the Office for National Statistics is scheduled
to issue UK labor market statistics. The jobless rate is seen
unchanged at 4.3 percent in three months to August. At the same
time, average earnings growth including bonus are forecast to grow
at a slower pace of 8.3 percent after an increase of 8.5 percent in
three months to July.
At 5.00 am ET, Germany's ZEW economic confidence survey data is
due. The confidence index is forecast to improve to -9.3 in October
from -11.4 in September. At 7.50 am ET, European Central Bank's
supervisory board member Kerstin af Jochnick is set to speak at a
conference in Berlin.
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