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European Economics Preview: Eurozone Economic Confidence Data Due

preview march30 lt

Economic confidence data from euro area and consumer prices from Germany are due on Monday, headlining a busy day for the European economic news.

At 2.00 am ET, UK Nationwide Building Society is set to release house price data. Economists forecast house prices to rise 2.1 percent on year in March, slower than the 2.3 percent rise in February.

At 3.00 am ET, the Swiss KOF leading index is due. The reading is seen falling to 81.6 in March from 100.9 in February.

In the meantime, Spain's statistical office INE releases flash consumer prices and retail sales data.

At 4.30 am ET, UK mortgage approvals data is due from the Bank of England. The number of mortgage approvals is forecast to fall to 68,210 in February from 70,890 in March.

At 5.00 am ET, the European Commission is set to publish monthly economic confidence survey results for March. Economists forecast the euro area economic confidence index to fall to 91.6 from 103.5 in February.

At 8.00 am ET, Destatis is scheduled to issue Germany's flash consumer prices for March. Inflation is expected to slow to 1.3 percent from 1.7 percent in February.

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