Economic sentiment data from euro area is due on Wednesday, headlining a busy day for the European economic news.
At 2.30 am ET, France's Insee is set to issue quarterly GDP data. The economy is forecast to grow 0.2 percent sequentially in the third quarter after rising 0.3 percent in the preceding period.
At 3.45 am ET, France's household spending figures are due. Spending is expected to show nil growth in September.
At 4.00 am ET, Spain's INE releases flash inflation data for October. Consumer prices are forecast to remain flat after rising 0.1 percent in September. In the meantime, average gross wages from Hungary is due.
At 4.55 am ET, the Federal Labor Agency publishes Germany's unemployment data. Economists forecast the number of unemployed to increase 2,000 in October following a decline of 10,000 in September.
At 5.00 am ET, business and consumer confidence survey results are due from Italy. The consumer confidence index is seen at 111.8 in October versus 112.2 in September. At 6.00 am ET, the European Commission is scheduled to issue euro area economic confidence survey data. The economic sentiment index is forecast to drop to 101.1 in October from 101.7 in September.
At 9.00 am ET, Germany's flash inflation data is due. Economists forecast inflation to slow to 1 percent in October from 1.2 percent in September.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2145454/
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