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European Economics Preview: Germany's Foreign Trade Data Due


Foreign trade data from Germany is due on Thursday, headlining a light day for the European economic news.

At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data. The jobless rate is seen unchanged at seasonally adjusted 2.5 percent in October.

At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade figures. Exports are forecast to gain 0.3 percent on month and imports to rise 0.8 percent in September.

At 2.45 am ET, France's foreign trade data is due. The trade deficit is forecast to widen to EUR 5.8 billion in September from EUR 5.6 billion in August.

At 3.00 am ET, industrial output from Spain is due. Economists forecast output to grow 0.8 percent on year in September, following a 1.2 percent rise in August.

In the meantime, consumer prices and industrial production from Hungary are due.

At 5.00 am ET, Greece unemployment data is due for August. The jobless rate stood at 19 percent in July.

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