empty
 
 

2018.03.0700:21:00UTC+00European Economics Preview: Eurozone GDP Data Due

Quarterly national accounts from euro area is due on Wednesday, headlining a light day for the European economic news.

At 2.45 am ET, France's foreign trade data is due. The trade deficit is forecast to widen to EUR 4.45 billion in January from 3.46 billion in December.

At 3.00 am ET, the Hungarian Central Statistical Office is slated to release industrial production data for January. Economists forecast output to grow 1.3 percent on month, following December's 1.2 percent increase.

At 3.30 am ET, UK Halifax house price data is due. House prices are expected to rise 0.4 percent on month in February, in contrast to a 0.6 percent fall in January.

In the meantime, Sweden's budget balance data is due.

At 5.00 am ET, Eurostat is slated to release euro area GDP data for the fourth quarter. The economy is forecast to expand 0.6 percent on quarter, as initially estimated.

At 7.00 am ET, Turkey's central bank is set to announce its decision on interest rates. The bank is expected to hold its benchmark repo rate at 8.00 percent.

At 8.00 am ET, Poland's central bank releases the outcome of its monetary policy council meeting. Economists forecast the bank to retain its base rate at 1.50 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback