Unemployment and factory Purchasing Managers’ survey results from euro area are due on Thursday, headlining a busy day for the European economic news.<\/p>\n
At 2.00 am ET, Destatis is slated to issue Germany’s retail sales data for May. Economists expect sales to climb 5 percent on month versus -5.5 percent in April. <\/p>\n
Half an hour later, Swiss retail sales and consumer price figures are due. Inflation is seen rising to 0.7 percent in June from 0.6 percent in May. <\/p>\n
At 3.00 am ET, Purchasing Managers’ survey results are due from Poland and Turkey. Also, unemployment data is due from Austria.<\/p>\n
At 3.15 am ET, IHS Markit publishes Spain’s manufacturing PMI survey results. Economists expect the index to fall marginally to 59.3 in June from 59.4 in May. <\/p>\n
At 3.30 am ET, Sweden’s central bank announces the result of the monetary policy meeting.<\/p>\n
At 3.45 am ET, Italy’s manufacturing PMI survey data is due. The factory PMI is seen at 62.2 in June versus 62.3 in the previous month. <\/p>\n
Thereafter, final PMI survey reports are due from France and Germany at 3.50 and 3.55 am ET, respectively.<\/p>\n
At 4.00 am ET, IHS Markit publishes euro area final manufacturing PMI data. The reading is expected to match the flash estimate of 63.1 in June. <\/p>\n
Also, Italy’s Istat is scheduled to issue unemployment data for May. <\/p>\n
At 4.30 am ET, UK Markit\/CIPS manufacturing PMI survey data is due. The score is seen falling to 64.2 in June, as initially estimated, from 65.6 in May.<\/p>\n
At 5.00 am ET, Eurostat is scheduled to issue euro area unemployment data for May. The jobless rate is seen unchanged at 8 percent in May. <\/p>\n