European Economics Preview: Germany Ifo Business Confidence Data Due

(RTTNews) - Business sentiment survey data from Germany is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Germany's market research group GfK is scheduled to release consumer sentiment data. The forward-looking confidence index is forecast to fall to 9.8 in November from 9.9 in October.

At 2.45 am ET, France Insee releases producer price figures.

At 3.00 am ET, the National Institute of Economic Research releases Sweden's economic tendency survey data.

At 3.30 am ET, Statistics Sweden is set to publish retail sales for September. Sales are expected to grow 0.5 percent on month after remaining flat in August.

At 4.00 am ET, Germany's Ifo publishes monthly business sentiment survey results. The confidence index is expected to drop marginally to 94.5 in October from 94.6 in September.

At 6.30 am ET, Russia's central bank is slated to announce its rate decision. Economists expect the bank to cut its key rate by 25 basis points to 6.75 percent.
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