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European Economics Preview: Eurozone Economic Confidence Data Due

preview nov05 29jun20 lt

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

At 3.00 am ET, Spain's statistical office INE publishes consumer prices for June. Prices had declined 0.9 percent on a yearly basis in May.

In the meantime, unemployment from Hungary and economic confidence from Turkey are due.

At 3.30 am ET, Statistics Sweden is set to release foreign trade figures for May. The trade surplus totaled SEK 7.6 billion in April.

At 4.30 am ET, the Bank of England is scheduled to release mortgage approvals data for May. The number of mortgage approvals is forecast to rise to 25,000 in May from 15,850 in April.

At 5.00 am ET, Eurozone economic sentiment survey results are due from the European Commission. The economic confidence index is forecast to rise to 80 in June from 67.5 in May.

At 8.00 am ET, Destatis is scheduled to publish Germany's consumer prices for June. Economists forecast inflation to remain unchanged at 0.6 percent.

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