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European Economics Preview: Germany's Factory Orders Data Due


Factory orders data from Germany is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for July. Orders are forecast to grow 0.2 percent on month, following a 1 percent rise in June.

At 3.00 am ET, the Czech Statistical Office is set to publish foreign trade, and industrial and construction output figures. The trade deficit is seen at CZK 0.6 billion in July.

Half an hour later, industrial orders and production reports are due from Sweden. Economists expect industrial output to fall 0.2 percent on month in July, reversing a 0.8 percent rise in June.

At 4.00 am ET, Italy's Istat is set to issue retail sales for July. Sales are forecast to fall 0.2 percent on month, reversing a 0.6 percent rise in June.

by RTTNews Staff Writer

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