logo

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

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday.

At 2.00 am ET, the Office for National Statistics releases UK labor market data. The jobless rate is forecast to rise to 4.0 percent from 3.9 percent in the preceding period.

In the meantime, Destatis is scheduled to issue Germany's final inflation figures for May. The initial estimate showed that consumer price inflation eased to 6.1 percent in May from 7.2 percent in April.

At 3.00 am ET, Spain's INE publishes final inflation data for May. Consumer price inflation is forecast to slow to 3.2 percent, in line with flash estimate, from 4.1 percent in April.

At 5.00 am ET, Germany's ZEW economic confidence survey data is due. The economic sentiment index is seen falling to -13.1 in June from -10.7 in May.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account