European Economics Preview: Sweden Central Bank Rate Decision Due

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The interest rate announcement from Sweden’s central bank is due on Tuesday, headlining a light day for the European economic news.

At 1.00 am ET, Statistics Finland releases unemployment data for August. The jobless rate was 7 percent in July.

At 3.00 am ET, consumer confidence survey results are due from Turkey.

At 3.30 am ET, Riksbank is set to release its monetary policy report. The bank is expected to hold its key repo rate at zero percent and asset purchase programme at SEK 500 billion.

At 6.00 am ET, the Confederation of British Industry is scheduled to issue Industrial Trends survey data. The order book balance is forecast to rise to -41 percent in September from -44 percent in August.

At 8.00 am ET, Hungary’s central bank is slated to announce the outcome of its monetary council meeting. The bank is set to hold its key rate at 0.60 percent.

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