European Economic News Preview: Germany Ifo Business Confidence Data Due
(RTTNews) - Business sentiment survey data from Germany and monetary aggregates from the euro area are the top economic news due on Wednesday.
At 3.00 am ET, Spain's statistical office INE releases producer prices for September. Prices had declined 10.0 percent annually in August.
At 4.00 am ET, the ifo Institute publishes Germany's business confidence survey data. The business sentiment index is seen at 85.9 in October, up from 85.7 in the prior month.
Also, the European Central Bank is slated to release euro area monetary aggregates for September. M3 is forecast to fall 1.7 percent annually, following a 1.3 percent drop in August. In the meantime, the State Secretariat for Economic Affairs publishes Swiss economic forecast.
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