Italy’s June Consumer Confidence 108.6 (expected 105.5; last 105.1) and Business Confidence 100.3 (expected 101.0; last 101.2)
European Central Bank President Lagarde maintained a hawkish tone in remarks made at the two-day Sintra conference. Fed Chairman Powell is scheduled to speak at the conference tomorrow.
There is a growing sense that the ECB will follow its July rate hike with another increase in September.
Germany is reducing its planned debt issuance for Q3 by EUR14 bln.