logo
  

European Economic News Preview: Eurozone Monetary Aggregates Data Due

eurozoneeconomic sep28 25apr24 lt

Monetary developments from the euro area and consumer confidence from France are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, retail sales and household consumption from Norway and foreign trade data from Sweden are due.

At 2.45 am ET, France's statistical office INSEE publishes consumer sentiment survey results. The confidence index is forecast to rise to 92 in April from 91 in March.

At 3.00 am ET, Spain's INE is scheduled to release quarterly unemployment data and retail sales figures. The jobless rate is seen at 11.8 percent in the first quarter.

At 4.00 am ET, the European Central Bank is scheduled to issue monetary aggregates figures for March. Eurozone M3 money supply is expected to grow 0.5 percent on year following a 0.4 percent rise in February.

At 6.30 am ET, Russia's central bank announces its monetary policy decision. The bank is widely expected to hold the benchmark rate at 16.00 percent.

For comments and feedback contact: editorial@rttnews.com

Forex News

All eyes were on the U.S. Federal Reserve this week as the bank announced its latest policy decision. Find out the signals given out by Chair Jerome Powell regarding the future path of interest rates. Some key data on the U.S. private sector economy were also released. Other main news included the flash estimates of first quarter GDP from Eurozone. Elsewhere, the Paris-based think tank OECD released its latest round of macroeconomic projections for the global economy.

View More Videos
Follow RTT