Public finances from the U.K. and producer prices from Germany are the major reports due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, Germany's producer prices for June are due. Producer price annual inflation is seen easing to 1.8 percent in June from 2.1 percent in May. On a monthly basis, producer prices are expected to drop 0.2 percent.
France's leading index for May is due from the Conference Board at 4.00 am ET. The leading index fell 0.1 percent, while the coincident index remained flat in April.
At 4.30 am ET, the Office for National Statistics is set to publish U.K. public finances for June. Public sector net borrowing is seen at GBP 13.4 billion compared to GBP 17.9 billion in May.
Poland's net consumer prices for June are due at 8.00 am ET. Net annual inflation is expected to rise to 2.4 percent from 2.3 percent in May.
Later today, Eurozone finance ministers will meet in Brussels to discuss Spanish bank bailout. Ministers are expected to sign an agreement on the proposed financial assistance to recapitalize Spain's troubled banks.
by RTT Staff Writer
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