Fully Regulated Australian Specialist Broker

Tuesday, 1 October 2019

European Economics Preview: Eurozone Flash Inflation Data Due

Flash inflation and final Purchasing Managers' survey results from euro area are due on Tuesday, headlining a busy day for the European economic news.

At 2.30 am ET, Swiss retail sales data for August is due. Sales had increased 1.4 percent in July.

At 3.00 am ET, PMI reports are due from Poland, Turkey and Norway. Poland's factory PMI is forecast to drop to 48 in September from 48.8 in August.

At 3.15 am ET, Spain manufacturing PMI is due. Economists expect the index to fall to 48.2 in September from 48.8 in August.

At 3.45 am ET, Markit is scheduled to issue Italy's factory PMI results. The index is seen easing to 48.2 from 48.7 in August.

Thereafter final PMI figures are due from France and Germany at 3.50 and 3.55 am ET, respectively.

At 4.00 am ET, Eurozone final manufacturing PMI is due. The index is seen at 45.6 in September, unchanged from flash estimate.

Half an hour later, UK CIPS/Markit factory PMI is due. Economists expect the index to drop to 47 in September from 47.4 in August.

At 5.00 am ET, Eurostat releases euro area flash inflation data. Inflation is expected to remain unchanged at 1 percent in September.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2143967/

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