Overview of the European economy: Flash PMI data for the euro area



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(RTTNews) – Eurozone Flash Purchasing Managers' Data Are Expected Tuesday, Marking a Busy Day for European Economic News

At 02:00 ET, Statistics Finland Releases Producer Prices and unemployment for June.

At 2:45 ET, the French INSEE publishes the results of a survey on confidence in manufacturing. The index of manufacturing sentiment is unchanged at 110 in July

. At 3:00 ET, the flash PMI data from France for July are expected. The composite PMI index is expected to drop slightly to 54.9 from 55.0 in June

at 3:30 pm ET, IHS Markit is expected to release PMI data from Germany. The composite index is expected to remain unchanged at 54.8 in July

At 4:00 am ET, flash composite PMI data from the eurozone are expected. Economists predict that the indicator will rise to 54.8 in July from 54.9 a month ago

Meanwhile, data on unemployment in Poland are expected. The unemployment rate fell to 5.9% in June from 6.1% in May.

At 6:00 ET, the Confederation of British Industry publishes the results of the Industrial Trends survey for July.

At 7:00 ET, the Turkish central bank set out to announce its rate decision. The bank is expected to raise its key rate from 17.75% to 18.75%.

The Hungarian central bank publishes the results of its meeting of the Monetary Council at 8 am (ET). Economists expect the bank to maintain its base rate unchanged at 0.90%.

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