Factory orders from Germany and Halifax house prices from the UK are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany’s factory orders for December. Economists forecast orders to fall 1 percent on month, reversing a 2.3 percent rise in November.

In the meantime, industrial production data is due from Statistics Norway.

At 2.45 am ET, current account and foreign trade reports are due from France.

At 3.00 am ET, retail sales from the Czech Republic and industrial production from Hungary are due. Hungary’s industrial output is forecast to climb 2.0 percent annually in December, following a 3.5 percent rise in November.

Half an hour later, UK Halifax house price report is due. Monthly house price growth is seen at 0.3 percent in January versus +0.2 percent in December.

Also, Statistics Sweden publishes industrial production and orders at 3.30 am.

At 4.00 am ET, Italy’s Istat releases retail sales data for December. Sales had dropped 6.9 percent on month in November.

The material has been provided by InstaForex Company – www.instaforex.com

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.