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FX.co ★ European Economic News Preview: UK Mortgage Approvals Data Due

European Economic News Preview: UK Mortgage Approvals Data Due

On Monday, the primary economic focus will center on the release of the UK mortgage approvals data.

At 2:00 AM ET, Statistics Sweden is set to release its preliminary GDP and retail sales figures. Following that, at 4:00 AM ET, S&P Global will publish the results of its Austrian Manufacturing Purchasing Managers' Index (PMI).

Half an hour later, the UK will release its mortgage approvals data for June, with the expected figure remaining steady at approximately 60,000.

At 6:00 AM ET, the Confederation of British Industry will publish the results of its Distributive Trades Survey. The retail sales balance is projected to improve, rising to -20 in July from -24 in June.

Additionally, preliminary quarterly national accounts data will be released from Ireland around the same time.

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