Thursday, the last day of the month of April is set to witness the release of major economic data from most European economies.
At 2.00am ET, the German statistical office, Destatis is set to release the ILO labor market statistics and wholesale turnover for March. The jobless rate is seen at 7.5% in March, up from 7.4% in February. In the meantime, Estonian March industrial production is also due.
At the same time, the mortgage lender Nationwide Building Society is scheduled to issue UK's house prices for April. After rising 0.9% month-on-month in March, house prices are forecast to drop 1.2% in April.
Thereafter, French PPI due at 2.45am ET, is expected to fall 5.3% annually in March compared to a 4.5% decline in February.
At 3.00am ET, Hungarian trade balance and Spanish flash HICP reports are expected. Economists predict the Spanish HICP to drop 0.1% in March from the previous year.
Afterwards, the German labor ministry is slated to report the unemployment for the month of April. The number of unemployed persons is seen at 65,000, compared to 69,000 in March.
At 5.00am ET, the Flash HICP for Eurozone is due. Annual inflation is expected to edge up to 0.7% in April from 0.6% in March. Meanwhile, the jobless rate in the euro area is forecast to rise to 8.7% in March from 8.5% logged in the previous month. Both reports are due from the statistical office Eurostat.
In the meantime, a preliminary report for Italian CPI is also due. Annual inflation is widely expected to slow to 1.1% in April from 1.2%.
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