FX.co ★ European Economic News Preview: Germany Factory Orders Data Due

Top economic news to look out for on Friday includes factory orders and construction Purchasing Managers' survey results from Germany as well as house prices from the UK.

Scheduled at 2:00 AM ET, the Germany's Destatis is expected to release factory orders data for March and import prices for February. The projection is a growth of 0.3% on monthly orders, following a 0.4% increase in February. Import prices are projected to drop by 4.6% annually, following a slight ease of 5.9% in January.

France's statistical office INSEE, at 2:45 AM ET, will release industrial production data for February. The industrial production is expected to register growth of 0.5% monthly, compared to a 1.1% drop the previous month.

At 3:00 AM ET, the industrial production data from Spain is due. There is a predicted fall of 0.5% yearly in February, following a 0.6% easement in January.

Germany's construction PMI data for March will be released at 3:30 AM ET.

S&P Global will publish UK construction PMI data for March at 4:30 AM ET. The construction index is projected to slightly increase to 49.8 from 49.7 of the preceding month.

At 5:00 AM ET, the Eurostat will release the euro area retail sales data for February. Economists anticipate a drop of 0.3% monthly, reversing a 0.1% growth in January.