Thursday, June 28, 2007

European Economic News Preview For Friday, Thursday, June 28, 2007 11:54:01 AM

The UK will dominate news from Europe on Friday with the results of its GfK survey for June, amidst other British economic data. Other news from the area will include French Consumer Confidence Indicator, GDP and Producer Prices data, as well as Euro zone`s Consumer, Industrial, Economic and Services Confidence data for June. The Euro zone will also be reporting on Business Climate Indicator and the CPI Estimate for June.

The UK will report on its GfK Consumer Confidence survey for June on Friday. The previous level cam in at -2, and is expected to widen with tomorrow`s data. Other data from the area will include the M4 money supply and sterling lending for May, as well as Net Consumer Credit, Mortgage Approvals and Lending Secured on Dwellings. The GDP, Current Account and Total Business Investment numbers will also be released through the day for the first quarter.
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