RTTNews - Wednesday, U.K.'s external trade balance and industrial production are due. In addition, the French and Italian industrial output reports are also expected.
Germany's Federal Statistical Office is slated to issue a slew of statistical reports at 2.00am ET. The final data for May CPI is expected to confirm the initial estimate. According to preliminary estimate, consumer prices remained flat on an annual basis and fell 0.1% month-on-month in May. In the meantime, German insolvencies and manufacturing turnover reports are also due.
Thereafter, the French statistical office INSEE is scheduled to release industrial production details for the month of April at 2.45am ET. Economists forecast industrial output to edge up 0.1% in April from the prior month and manufacturing output to register nil growth.
The Spanish consumer prices data is due at 3.00am ET from the National Institute of Statistics. Both consumer prices and EU harmonized consumer prices are forecast to drop 0.8% annually in May. The Romanian CPI is also due at the same time.
Half an hour later, the Swedish industrial orders and industrial output reports are expected.
At 4.00am ET, the Italian statistical office ISTAT is set to release industrial production for April. Production is forecast to recover 0.7% in April, following a 4.6% monthly fall in March.
At 4.30am ET, the British trade balance as well as industrial production for April are due. The visible trade deficit for April is seen at GBP 6.4 billion, down from GBP 6.5 billion in March. Meanwhile, economists expect industrial production to fall 0.1% month-on-month in April and 12.4% annual fall.
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