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European Economics Preview: German Ifo Business Confidence Data Due

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Business sentiment survey data from Germany is due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, consumer and industrial confidence survey results are due from Finland.

At 3.30 am ET, Statistics Sweden is scheduled to issue producer prices and household lending reports for June.

At 4.00 am ET, Germany's Ifo business confidence survey data is due. The business sentiment index is expected to rise to 89.3 in July from 86.2 in the previous month.

In the meantime, the European Central Bank is set to issue monetary aggregates data for June. Economists forecast euro area M3 money supply to grow 9.3 percent on year in June, faster than the 8.9 percent rise in May.

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