TODAY'S TOP STORIES

European Economics Preview: UK Public Sector Finance, Retail Sales Data Due

Public sector finances and retail sales from the UK are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK public sector borrowing and retail sales data. The budget deficit is seen widening to GBP 17.5 billion from GBP 11.8 billion in August. Retail sales are forecast to fall 0.5 percent on month in September, slower than the 1.6 percent decrease a month ago.

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by Renju Jaya

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