European Economic News Preview: Bank Of England Policy Decision Due

India, June 18 -- The Bank of England and Swiss National Bank announce monetary policy decisions on Thursday, headlining a hectic day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is seen unchanged at 5.0 percent in the three months to April.

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In the meantime, foreign trade data is due from Switzerland.

At 3.30 am ET, the Swiss National Bank announces its policy decision. The bank is widely expected to hold its policy rate at zero percent.

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Published by HT Digital Content Services with permission from RTT News....