Eurozone’s June Retail Sales -0.3% m/m (expected 0.2%; last 0.6%); -1.4% yr/yr (expected -1.7%; last -2.4%)
Germany’s Factory Orders were up 7.0% m/m in June, representing the sharpest increase in three years while Spain reported a bigger than expected drop in Industrial Production (actual -3.0%; expected -1.7%).
Germany’s June Factory Orders 7.0% m/m (expected -2.0%; last 6.2%)
Spain’s June Industrial Production -3.0% yr/yr (expected -1.7%; last -0.6%)
France’s June Industrial Production -0.9% m/m (expected -0.3%; last 1.1%). Q2 nonfarm payrolls 0.1% qtr/qtr (last 0.4%)
Italy’s June Industrial Production 0.5% m/m (expected -0.3%; last 1.7%); -0.8% yr/yr (expected -2.0%; last -3.5%)
Credit Agricole reported above-consensus results for Q2 while Commerzbank also reported strong results, but forecast higher costs.