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European Economics Preview: UK PSNB Data Due


Public sector net borrowing data from the UK and trade figures from Switzerland are the major news on tap for Tuesday.

At 2 am ET, Swiss foreign trade data is due. The trade surplus is forecast to rise to CHF 3 billion in March. Swiss consumption indicator published by UBS is expected at the same time.

Statistics Finland is expected to release the unemployment data for the month of March at 2 am ET.

Consumer confidence survey result from the French statistical office Insee is due at 2.45 am ET.

Economic confidence survey report from Czech Republic is expected at 3 am ET. Hungary retail sales data is also due at the same time.

March unemployment data from Sweden is slated for release at 3.30 am ET. Unemployment rate is forecast to rise marginally to 8 percent last month.

At 4 am ET, the Italian statistical office Istat is scheduled to publish the hourly wages data for the month of February.

At 4.30 am ET, the Office for National Statistics is slated to release the UK's public sector net borrowing (PSNB) for March. PSNB, excluding government's interventions in the financial sector, is forecast to rise to GBP 16 billion during the month.

by RTTNews Staff Writer

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