European Economics Preview: UK Public Sector Finance Data Due




Public sector finance data from the UK is due on Friday, headlining a light day for the European economic news.


At 3.00 am ET, Destatis is scheduled to issue Germany's producer prices for February. Economists forecast producer prices to rise 0.2 percent on year, the same rate as seen in January.


At 5.00 am ET, the European Central Bank is slated to publish euro area current account data for January. Economists forecast the current account surplus to fall sharply to EUR 20.5 billion from EUR 51.2 billion in December.


At 5.30 am ET, the Office for National Statistics releases UK public sector finance data. The budget balance is seen at GBP 0.85 billion in February compared to a surplus of GBP 10.54 billion in January.


In the meantime, Bank of England/TNS Inflation Attitudes survey results are due.


At 6.30 am ET, Russia's central bank is set to announce its rate decision. The bank is expected to hold its key rate at 6.00 percent.

1 view
Logo

MONEY
MOVING

by WooHoo Ireland

+353-214-651-000

Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |info@woohooai.com

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram