The minutes of the latest monetary policy meeting of the Bank of England and public finances and retail sales from the U.K. are due on Wednesday.
At 3.30 am ET, Dutch consumer confidence and consumer spending are due. The consumer confidence index is seen at -32 in May compared to -35 in April.
At 4.00 am ET, the European Central Bank is slated to release current account figures for March. The Eurozone surplus totaled EUR 12.1 billion in February.
Half an hour later, the minutes of the Bank of England's monetary policy committee meeting held on May 9 is due. At the rate-setting meeting, policymakers decided to keep the interest rate at 0.50 percent and quantitative easing at GBP 375 billion.
In the meantime, the Office for National Statistics is slated to issue U.K. retail sales and public finances for April. Public sector net borrowing is seen at GBP 8.5 billion compared to GBP 15.1 billion in the prior month.
U.K. retail sales including auto fuel, are forecast to rise 0.1 percent month-on-month in April after easing 0.7 percent in March.
The Confederation of British Industry is set to issue Industrial Trends survey results at 6.00 am ET. The order book balance is expected to improve to -17 percent in May from -25 percent in April.
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Forex News
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.