European Economics Preview: Italian Non-E.U. Trade Data Due

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Monday, no major statistical reports are slated from major European economies, except Italian non-EU trade balance and Switzerland's money supply.

At 3:00 am ET, the Swiss National Bank is scheduled to release money supply data for January. In December, the year-on-year M3 money supply growth rate stood at 6.5%.

Consumer confidence data for February is due from the Netherlands' Central Bureau of Statistics at 3:30 am ET. Last month, the consumer sentiment index stood at minus 10.

At 4:00 am ET, the Statistics Iceland is set to release wage data for January. The wage index had climbed 3.6% year-on-year in December.

Simultaneously, the Italian statistical office is slated to issue non-E.U. trade data for January. A non-E.U. trade surplus of EUR 1.26 billion was recorded in December.

Finally at 8:00 am ET, the Hungarian central bank is set to anounce its interest rate decision. Economists expect the base rate to be slashed to 5.75% from 6%.

Monday, no major statistical reports are slated from major European economies, except Italian non-EU trade balance and Switzerland's money supply. (Market News Provided by RTTNews)