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European Economic News Preview: Germany Factory Orders Data Due

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Factory orders from Germany and investor confidence from the euro area are the top economic news due on Monday.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders. Economists forecast factory orders to fall 2.2 percent on a monthly basis in April, in contrast to the 5.0 percent increase in March.

At 3.00 am ET, Switzerland's State Secretariat for Economic Affairs publishes monthly consumer confidence survey data. The confidence index is forecast to rise to -38 in May from -40 in April.

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