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InstaForex Loprais Team - Official participant of the Dakar rally

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InstaForex Loprais Team - Official participant of the Dakar rally

2017.11.2900:37:00UTC+00European Economics Preview: Eurozone Economic Sentiment Data Due

Economic confidence data from euro area is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Swiss UBS consumption indicator for October is due. The consumption indicator stood at 1.56 points in September compared to 1.50 in August.

At 2.45 am ET, revised quarterly national accounts and consumer spending from France are due.

At 3.00 am ET, the National Institute of Economic Research releases Sweden's economic tendency survey data. The economic tendency survey index is forecast to fall to 111.9 in November from 113.3 a month ago.

In the meantime, flash consumer prices from Spain and unemployment from Hungary are due. Inflation is forecast to rise slightly to 1.7 percent in November from 1.6 percent in October.

At 3.30 am ET, Sweden's GDP data is due. The economy is forecast to grow 3.5 percent annually in the third quarter following second quarter's 3.1 percent increase.

At 4.30 am ET, the Bank of England releases UK mortgage approvals for October. The number of mortgages approved in October is seen at 65,000 compared to 66,200 in September.

At 5.00 am ET, European Commission is scheduled to issue euro area economic sentiment data. The confidence index is seen rising to 114.6 in November from 114 in October.

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