European Economics Preview: Germany’s Foreign Trade Data Due

Foreign trade from Germany and investor confidence from euro area are due on Monday, headlining a light day for the European economic news.

At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for June. The jobless rate is forecast to fall to 2.5 percent from 2.6 percent in May.

At 2.00 am ET, Destatis is slated to publish Germany’s foreign trade data for May. Exports are forecast to grow 0.7 percent, while imports to drop 0.5 percent on month in May.

At 2.45 am ET, Bank of France business sentiment survey results are due. Economists forecast the index to remain unchanged at 100 in June.

At 3.00 am ET, the Czech Statistical Office publishes industrial output and foreign trade figures for May.

At 4.30 am ET, Eurozone Sentix investor confidence data is due. The sentiment index is expected to drop to 9.0 in July from 9.3 in June.

by RTTNews Staff Writer

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