German consumer prices and unemployment data and Eurozone business sentiment are some of the important economic data scheduled for release on Thursday.
German Federal Labor Agency will release its unemployment report at 4:55 am ET. The jobless rate is forecast to remain unchanged at 6.7 percent in October. Destatis is also scheduled to release its unemployment report for September. In August, the jobless rate was at 4.9 percent.
At 9 am ET, Destatis will release its preliminary consumer prices report. Consumer prices are expected to rise 0.9 percent year-over-year in October after the 0.8 percent increase in September. On a month-over-month basis, consumer prices are estimated to drop 0.1 percent after remaining unchanged in September.
The HICP is expected to increase at a faster rate of 0.9 percent annually following the 0.8 percent rise in September. Sequentially, The HICP is forecast to fall 0.1 percent after remaining flat in the previous month.
At 3 am ET, global financial services firm UBS is scheduled to release September's consumption indicator figures for Switzerland. In August, the consumption indicator was at 1.35.
Around the same time, Nationwide is due to release the results of its house prices survey for the U.K. House prices are expected to climb 8.5 percent year-over-year in October after the 9.4 percent rise in September. On a sequential basis, house prices are forecast to grow 0.3 percent following the 0.2 percent drop in September.
At 4 am ET, the Austria Institute of Economic Research is due to release its preliminary gross domestic product, or GDP, report for the third quarter. In the second quarter, GDP had risen 0.2 percent quarter-over-quarter and 0.6 percent year-over-year.
Around the same time, Swiss Economic Institute KOF is due to release its leading indicators index. The leading index is expected to edge up to 99.2 in October from 99.1 in September.
Also around the same time, Spain's statistical institute INE is scheduled to release its preliminary consumer prices and GDP reports. Consumer prices are expected to remain unchanged year-over-year in October after the 0.2 percent drop in September. The harmonised index of consumer prices, or HICP, is estimated to fall 0.2 percent annually following the 0.3 percent decline in the previous month.
GDP is expected to rise 1.6 percent year-over-year in the third quarter, which is faster than the 1.2 percent increase in the previous quarter. On a sequential basis, GDP is forecast to grow 0.5 percent after the 0.6 percent rise in the second quarter.
Also at 4 am ET, TurkStat is due to release its consumer confidence report for October. In September, the consumer confidence index was at 74.
At 6 am ET, the European commission will release the results of its business climate survey for the eurozone. The business climate index is estimated to edge down to 0.05 in October from 0.07 in September. The consumer sentiment index is expected to remain unchanged at -11.1. The economic sentiment index is forecast to drop to 99.7 in October from 99.9 in September. The industrial sentiment index is expected to remain at -5.5 in October.
At 3 am ET, Hungary's Minister of National Economy Mih?ly Varga and Laszlo Borbely are expected to speak. At 3:45 am ET, Bank of England's Jon Cunliffe is due to speak in England.
At 4:30 am ET, Italy's Finance Minister and European Investment Bank's President are scheduled to attend an event in Naples.
At 11 am ET, Bank of Finland's Erkki Liikanen is due to speak on Europe's Financial Sector in Berlin. At 2:15 pm , European Central Bank's Luis Linde is expected to speak in Madrid.
