Retail sales and final composite Purchasing Managers’ survey reports from euro area are due on Wednesday, headlining a busy day for the European economic news.
At 3.00 am ET, retail sales from Hungary and consumer and producer prices from Turkey are due. Hungary’s retail sales are forecast to climb 5.7 percent on year in August compared to 5.3 percent rise in July.
At 3.15 am ET, IHS Markit is scheduled to issue Spain’s services PMI. The index reading is seen at 52.9 in September versus 52.7 in August.
Thereafter, final PMI figures are due from France and Germany at 3.50 am and 3.55 am ET, respectively.
At 4.00 am ET, Eurozone final PMI data is due. Economists forecast the composite PMI to match the flash score of 54.2 in September.
At 4.30 am ET, UK Markit/CIPS services PMI survey data is due. The index score is seen falling to 54.0 in September from 54.3 in August.
At 5.00 am ET, Eurostat is scheduled to issue euro area retail sales for August. Sales are forecast to grow 0.2 percent on month, in contrast to a 0.2 percent fall in July.