European Economics Preview: Germany Factory Orders Data Due
Factory orders from Germany and industrial production from the U.K. are due on Tuesday, headlining a busy day for the European economic news.
The State Secretariat for Economic Affairs is set to publish Swiss July unemployment data at 1.45 am ET. The jobless rate is seen unchanged at a seasonally adjusted 2.9 percent.
At 3.00 am ET, Hungary's industrial output figures are due. Economists forecast output to rise 2.2 percent annually in June, following a 1.9 percent rise in May.
Switzerland's Federal Statistical Office is scheduled to publish consumer prices for July. On a yearly basis, prices are expected ease at a slower pace of 0.8 percent after falling 1.1 percent in June.
At 3.30 am ET, Sweden's budget balance and Dutch industrial production are due.
Half an hour later, industrial production figures are due from Italy and Norway. Italy's industrial output is forecast to drop 1 percent month-on-month, following a 0.8 percent rise a month ago.
The Office for National Statistics is slated to publish U.K. industrial output data at 4.30 am ET. Industrial output is seen falling 3.5 percent month-on-month and manufacturing output to slip 5.7 percent.
At 5.00 am ET, Italy's GDP data is due. Economists forecast the economy to shrink 0.8 percent sequentially in the second quarter.
The Federal Ministry of Economy and Technology is slated to release German factory orders at 6.00 am ET. Factory orders are forecast to fall 0.8 percent on a monthly basis, reversing a 0.6 percent rise a month ago.
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