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European Economics Preview: Bundesbank Monthly Report Due

preview nov14 22jun20 lt

The June monthly report from Germany's central bank is due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, the Turkish Statistical Institute is set to release consumer confidence for June.

At 4.00 am ET, retail sales from Poland and foreign debt from the Czech Republic are due. Economists forecast retail sales to fall 12.9 percent on a yearly basis in May, following a 22.6 percent decrease in April.

At 6.00 am ET, Bundesbank releases its monthly report. The report outlines Germany's economic outlook for 2020 to 2022 and features an article on the topic of cash withdrawals and payments in urban and rural areas.

In the meantime, the Confederation of British Industry publishes Industrial Trends survey data for June.

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