European Economics Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers’ survey data from euro area is due on Wednesday, headlining a busy day for the European economic news.

At 2.00 am ET, Statistics Finland releases producer prices for September.

At 2.45 am ET, France Insee is slated to publish manufacturing sentiment survey results. Economists forecast the index to remain unchanged at 107 in October.

At 3.00 am ET, France’s flash Purchasing Managers’ survey data is due from IHS Markit. The composite PMI is seen at 53.9 in October versus 54.0 in September.

Half an hour later, IHS Markit is scheduled to publish Germany’s PMI data. The composite index is expected to fall to 54.8 in October from 55.0 in September.

At 4.00 am ET, Eurozone composite PMI data is due. Economists forecast the index to drop to 53.9 in October from 54.1 in September.

In the meantime, the European Central Bank is set to release euro area M3 money supply for September. M3 growth is seen unchanged at 3.5 percent.