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European Economics Preview: Germany ZEW Economic Confidence Data Due

preview nov12 lt

Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, GDP from Norway and current account from Turkey are due. Norway GDP is forecast to expand 0.5 percent on quarter, following a 0.3 percent rise in the second quarter.

At 2.30 am ET, the Bank of France is set to issue business confidence survey data. The business sentiment index is seen at 97 in October versus 96 in September.

At 4.30 am ET, the Office for National Statistics releases UK unemployment data. The ILO jobless rate is seen unchanged at 3.9 percent in three months to September.

UK average earnings including bonus are expected to rise 3.8 percent from previous year.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is forecast to rise to -13.0 in November from -22.8 in October.

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