European Economics Preview: Germany's Factory Orders Data Due
05 Februar 2016 - 2:45AM
RTTF2
Factory orders data from Germany is due on Friday, headlining a
light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue German factory
orders figures for December. Orders are forecast to fall 0.5
percent on a monthly basis, reversing a 1.5 percent rise in
November.
The French foreign trade data is due at 2.45 am ET. The trade
deficit is seen falling to EUR 4.4 billion in December from EUR
4.63 billion in November.
At 3.00 am ET, Hungary's industrial output figures are due.
Economists forecast production to grow 7.3 percent annually in
December after rising 7 percent in November.
Half an hour later, Statistics Sweden releases industrial orders
and production reports. Output is expected to drop 0.5 percent on a
monthly basis in December, following a 1.4 percent rise in
November.
At 4.00 am ET, Statistics Norway publishes industrial production
data. Manufacturing output is seen falling 0.6 percent
month-on-month in December reversing a 1 percent rise in
November.
Romania's central bank is set to announce its interest rate
decision at 7.00 am ET. The bank is widely expected to keep its key
rate at 1.75 percent.
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