E.U Economics Preview: Germany Gfk Consumer Confidence Data Due
Consumer sentiment survey data from Germany is due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, German GfK consumer confidence survey results are due. Economists expect the forward-looking sentiment index to improve to -4 in July from -7 in June.
At 3.00 am ET, Spain’s INE releases producer prices for May.
At 4.00 am ET, the European Central Bank publishes monetary aggregates for May. M3 money supply is expected to climb 8.5 percent annually versus 9.2 percent in April. In the meantime, Italy’s business and consumer confidence survey results are due.
At 6.00 am ET, the Confederation of British Industry is slated to release Distributive Trades survey results. The retail sales balance is forecast to drop to 14 percent in June from 18 percent in May.