European Economic News Preview: Eurozone Final Factory PMI Due
January 01 2025 - 8:00PM
RTTF2
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Final factory Purchasing Managers' survey results from the euro
area and the UK are the top economic news due on Thursday.
At 2.00 am ET, UK Nationwide house price data is due. House
prices are forecast to climb 3.8 percent on year in December,
slightly faster than the 3.7 percent rise in November.
At 3.15 am ET, S&P Global publishes Spain's factory PMI
survey results. Economists forecast the index to rise to 53.6 in
December from 53.1 in the previous month.
At 3.45 am ET, Italy's manufacturing PMI survey data is due. The
index is expected to rise to 44.9 in December from 44.5 in the
prior month.
At 3.50 am ET, France's final factory PMI data is due. The final
manufacturing PMI is seen at 41.9 in December, unchanged from the
flash estimate.
At 3.55 am ET, S&P Global releases Germany's final factory
PMI data. The index is expected to fall to 42.5 in December, in
line with flash estimate, from 43.0 in November.
At 4.00 am ET, the European Central Bank is scheduled to issue
euro area monetary aggregates for November. M3 is expected to grow
3.5 percent annually after rising 3.4 percent in October.
At 4.30 am ET, UK final manufacturing PMI survey results are
due. Economists forecast the factory PMI to drop to 47.3 in
December, as initially estimated, from 48.0 in November.
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