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European Economics Preview: UK Labor Market Data Due

preview jan21 lt

The labor market statistics from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news.

At 3.00 am ET, Swiss M3 money supply data is due from the Swiss National Bank.

At 4.00 am ET, Poland's averages gross wages data is due. Economists forecast average gross wages to rise 6.1 percent on year in December, faster than the 5.3 percent rise in November.

At 4.30 am ET, the Office for National Statistics is set to release UK unemployment data. The jobless rate is forecast to remain unchanged at 3.8 percent in three months to November.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic sentiment index is forecast to rise to 15.0 in January from 10.7 in December.

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