European Economics Preview: Germany's Factory Orders Data Due

(RTTNews) - Factory orders from Germany and final Purchasing Managers' survey from euro area are due on Tuesday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for September. Orders are forecast to drop 0.5 percent on month, reversing a 2 percent rise in August.

At 3.00 am ET, industrial and construction output and foreign trade figures from the Czech Republic are due.

At 3.15 am ET, Spain services PMI is due. Economists forecast the index to fall to 51.7 in October from 52.5 in September.

At 3.30 am ET, Statistics Sweden is scheduled to issue industrial production and orders for September.

At 3.45 am ET, IHS Markit releases Italy's composite PMI data. The composite index is seen falling to 51.0 in October from 52.4 in September.

Thereafter, final PMI results are due France and Germany at 3.50 and 3.55 am ET, respectively.

At 4.00 am ET, Eurozone final composite PMI is due. The reading is expected to match the flash score of 52.7 in October.

At 5.00 am ET, Eurostat releases euro area producer prices for September. Producer price inflation is seen at 4.3 percent versus 4.2 percent in August.
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