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European Economics Preview: Sweden Jobless Data, Hungarian Rate Decision Due

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Unemployment figures from Sweden and the interest rate announcement from Hungary are the main events due on Tuesday with no major data scheduled from the big economies in Europe.

Statistics Sweden is set to release the unemployment data for August at 3.30 am ET. Economists expect the figure to ease to 6.30 percent from 6.40 percent in July.

The Hungarian central bank is set to announce its latest interest rate decision at 8 am ET. Policymakers at the Magyar Nemezeti Bank is widely expected hold the key rate steady at 0.90 percent. The previous change in the rate was a 15 basis points reduction in May 2016.

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