Factory orders data from Germany is due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to release Germany's factory orders data for June. Orders are forecast to grow 0.5 percent on month in June, following a 1 percent rise in May.
At 3.00 am ET, the Czech Statistical Office releases retail sales data for June. Sales are forecast to grow 5.5 percent annually, after expanding 5.3 percent in May.
In the meantime, industrial production figures are due form Spain and Hungary. Spain's production had climbed 4.6 percent annually in May.
At 3.30 am ET, Germany's construction PMI is due for July.
At 4.00 am ET, Italy's retail sales data is due. Sales are forecast to grow 0.1 percent on month in June, reversing a 0.1 percent fall in May.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.