Skyeast Investment Corporation

Trade data and investor confidence figures from the eurozone are due on Monday, headlining a light day for European economic news. All times in ET.

Major economic news released on Friday were mixed, with eurozone retail sales beating expectations and private sector growth in the region picking up during August. On the other hand, U.K. service sector growth slowed, while U.K. construction orders dropped sharply.

At 3:00 am, the Czech Statistical Office is scheduled to release industrial production data for July. Production is seen rising 7.3% annually, slower than the 9.7% increase in June.

Retail sales data for July is due from the statistical office at the same time. Czech sales are expected to be unchanged on a year-over-year basis, following a 6.6% rise in the previous month.

In the meantime, trade data for July is due. Economists expect the Czech trade surplus to fall to CZK 6 billion from CZK 10.4 billion in the previous month.

Wage data for July is due from the Romanian statistical office simultaneously. Average nominal wages had risen 3.1% annually in June.

At 4:30 am, eurozone Sentix investor confidence figures are due for September. The indicator is expected to fall to 7.8 from 8.2 in the preceding month.

Eurozone trade data for July is due from Eurostat at 5:00 am. Economists expect the unadjusted trade surplus to remain unchanged at EUR 2.4 billion. (Provided by RTTNews)