Factory orders from Germany and industrial production from the U.K. are due on Tuesday, headlining a busy day for the European economic news.
At 3.00 am ET, the Czech Statistical Office is scheduled to issue industrial output and trade data. Industrial production is forecast to fall 2.5 percent annually in June, following a 2.2 percent drop in May. The trade surplus is seen at CZK 32.1 billion compared to a shortfall of CZK 28.8 billion a month ago.
In the meantime, Hungary's preliminary industrial output data is due. Production is forecast to grow 0.5 percent annually in June after falling 2.1 percent in May.
At 4.00 am ET, Italy's industrial output figures are due. Economists forecast output to grow 0.3 percent in June.
At 4.30 am ET, the Office for National Statistics is set to publish U.K. industrial and manufacturing output figures. Economists forecast industrial output to rise 0.7 percent month-on-month in June, after staying flat in May.
At 5.00 am ET, Italy's preliminary GDP data is due. Economists forecast the economy to shrink 0.4 percent sequentially in the second quarter, following a 0.6 percent decline in the first quarter.
At 6.00 am ET, the Federal Ministry of Economics and Technology is slated to release German factory orders for June. Economists forecast orders to grow 1 percent month-on-month, following a 1.3 percent fall in May.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.