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2017.12.0501:56:00UTC+00European Economics Preview: UK Services PMI Data Due

The services Purchasing Managers' survey from the UK and retail sales from euro area are due on Tuesday.

At 3.00 am ET, industrial production from Spain, retail sales and final GDP from Hungary are due. Spain's industrial output is forecast to grow 3.7 percent on year in October, following September's 3.4 percent increase.

At 3.15 am ET, IHS Markit is scheduled to issue Spain's services PMI. Economists forecast the index to rise to 55.5 in November 54.6 in October.

At 3.30 am ET, Statistics Sweden releases industrial production and orders for October.

Thereafter final composite PMI figures are due from France and Germany at 3.50 am ET and 3.55 am ET.

At 4.00 am ET, Eurozone final composite PMI is due. The composite index is seen at 57.5 in November, in line with flash estimate.

Half an hour later, IHS Markit publishes UK services PMI data. Economists forecast the index to fall to 55 in November from 55.6 in October.

At 5.00 am ET, Eurostat is slated to publish euro area retail sales for October. Sales are forecast to drop 0.7 percent on month, offsetting September's 0.7 percent increase.



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