(RTTNews) – Service self-confidence and revised quarterly national accounts from Germany are due on Tuesday, headlining a light day for the European financial news.At 2.00 am ET, Destatis is scheduled to release Germany’s revised GDP data for the 2nd quarter. According to initial quote, the economy contracted 10.1 percent sequentially versus a 2 percent fall in the very first quarter.
In the meantime, Stats Norway launches the second quarter GDP information. The mainland Norway is anticipated to diminish 6.1 percent sequentially versus a 2.1 percent drop in the first quarter.
At 3.00 am ET, producer rates from Spain and industrial production from Austria are due.
Half an hour later, Statistics Sweden is set to provide producer rates for July. Costs had decreased 3.8 percent on year in June.At 4.00 am ET, Germany’s ifo company confidence survey outcomes are due. Economic experts forecast the business environment indicator to increase to 92.2 in August from 90.5 in July. In the meantime, joblessness information is due from Poland. The unemployed rate is seen the same at 6.1 percent in July.At 6.00 am ET, the Confederation of British Market releases Distributive Trades study data for August. The retail sales balance is forecast to increase to 8 percent from 4 percent in July.
At 8.00 am ET, Hungary’s reserve bank is set to announce its interest rate choice. The bank is set to keep its key rate the same at 0.60 percent.