European Economic News Preview: France Business Sentiment Data Due
19 Oktober 2023 - 3:18AM
RTTF2
Business confidence from France and current account from the
euro area are the major economic news due on Thursday.
At 2.00 am ET, Switzerland's customs office is scheduled to
release foreign trade figures for September. The trade surplus is
forecast to fall to CHF 3.77 billion from CHF 4.05 billion in
August.
At 2.45 am ET, France's statistical office INSEE is set to issue
monthly business confidence survey results. The sentiment index is
forecast to remain unchanged at 99 in October.
At 4.00 am ET, the European Central Bank releases current
account figures for August. The surplus totaled EUR 20.9 billion in
July.
In the meantime, industrial production, producer prices and
corporate wage figures are due from Poland. Industrial output is
expected to drop 3.6 percent annually in September, following a 2
percent drop in August. Economists forecast producer prices to slid
2.8 percent in September, the same rate as seen in the previous
month.
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