Factory orders data from Germany is due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Germany's factory orders data is due. Orders are forecast to grow 1 percent on a monthly basis in May, reversing a 2 percent fall in April.
At 3.00 am ET, European Central Bank President Mario Draghi is set to speak at the Statistics Conference in Frankfurt.
Spain's statistical office INE publishes industrial output for May. Production had increased 8.9 percent on a yearly basis in April.
At 3.30 am ET, Markit is slated to release Germany's construction PMI data for June.
Also, Sweden's central bank announces its interest rate decision. The bank is expected to hold its key interest rate at -0.50 percent.
Half an hour later, U.K. car registration figures for June are due. Sales had increased 2.5 percent year-on-year in May.
Poland's central bank is scheduled to announce its interest rate decision. Economists expect the bank to keep its rate steady at 1.50 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.