There was more talk about additional rate hikes from the European Central Bank as policymakers Schnabel and Knot said that more work has to be done.
Germany’s April Industrial Production 0.3% m/m (expected 0.6%; last -2.1%); 1.8% yr/yr (last 2.1%)
France’s April trade deficit EUR9.7 bln (expected deficit of EUR7.7 bln; last deficit of EUR8.4 bln). April Current Account deficit EUR100 mln (expected deficit of EUR800 mln; last deficit of EUR300 mln)
Italy’s April Retail Sales 0.2% m/m (expected 0.3%; last 0.0%); 3.2% yr/yr (expected 4.3%; last 5.8%)
Swiss May Unemployment Rate 2.0% (expected 1.9%; last 1.9%)
U.K.’s May Halifax House Price Index 0.0% m/m, as expected (last -0.4%); -1.0% yr/yr (expected -0.9%; last 0.1%)