Germany GDP, Gfk Consumer Confidence due | So Good News


Quarterly accounts and consumer survey results from Germany are due on Friday, leading to a light day of economic news in Europe.

At 2.00 am ET, Germany’s Destatis office is due to release GDP data for the third quarter. According to preliminary estimates, a wealth has increased by 0.3 percent sequentially.

Meanwhile, market research group GfK is set to release the results of a consumer survey in Germany. Consumer sentiment is expected to rise to -39.6 in December from -41.9 in November.

At 2.30 am ET, employment data comes out of Switzerland.

At 2.45 am ET, the French statistical office INSEE publishes the results of the consumer survey. The consumer sentiment index stands at 83 in November versus 82 in October.

At 3:00 a.m. ET, October stock prices come out of Spain. Also, unemployment data comes from Hungary.

At 4.00 am ET, business and consumer research results from Italy. The business confidence index is expected to fall to 99.6 in November from 100.4 in October. Meanwhile, consumer sentiment is seen at 91.0 versus 90.1 a month ago.

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