Factory orders from Germany and house prices from the UK are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders for April. Economists expect orders to fall 0.3 percent on month in April, reversing a 1 percent rise in March.
At 3.00 am ET, Spain's INE releases industrial production data. In the meantime, industrial output figures are due from the Czech Republic and Hungary.
Half an hour later, UK Halifax house price data is due. Economists forecast house prices to fall 0.2 percent on month in May, following a 0.1 percent drop in April.
In the meantime, Statistics Sweden releases industrial orders and production figures. Production is expected to climb 0.3 percent on month in April, the same pace of growth as seen in March.
At 4.00 am ET, Italy's Istat is scheduled to issue retail sales for April. Economists forecast sales to grow 0.2 percent after staying flat in March.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.