The Monetary Policy Assessment of the Swiss National Bank is set to dominate the scene on Thursday, headlining a busy for the European economic news.
At 2.00 am ET, the Federal Statistical Office is scheduled to publish German wholesale price data for May. In the meantime, Finland's consumer price figures are due. Annual inflation is seen unchanged at 3.1 percent in May.
The Swiss National Bank is set to announce its rate decision at 3.30 am ET. The central bank is likely to retain the interest rate close to zero. Also, the SNB is expected to maintain the minimum exchange rate of CHF 1.20 per euro.
In the meantime, Dutch retail and external trade balance figures are due. Retail sales were up 2.2 percent year-on-year in March.
At 4.00 am ET, the European Central Bank is set to release its monthly report for June. The ECB had maintained its key refi rate at a record low 1 percent at the meeting held on June 6.
Eurostat is slated to release Eurozone final inflation data at 5.00 am ET. According to flash estimate, annual inflation fell to 2.4 percent in May from 2.6 percent in April. Eurozone first quarter labor cost data is also due.
Italy's BTP auction results are due at 5.10 am ET. The government aims to raise between EUR 4 billion and EUR 6 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.