Eurozone’s April Industrial Production 1.0% m/m, as expected (last -3.8%); 0.2% yr/yr (expected 0.8%; last -1.4%)
Germany’s May WPI -1.1% m/m (expected -1.0%; last -0.4%); -2.6% yr/yr (expected -3.3%; last -0.5%)
Germany will increase its NATO spending to 2.0% of GDP, up from the current 1.5% of GDP.
Shell announced a 15% increase to its dividend.
Italy is observing a national day of mourning for the funeral of former Prime Minister Berlusconi.