Retail sales and final composite Purchasing Managers' survey results from Eurozone are due on Monday, headlining a busy day for the European economic news. At 2.00 am ET, the State Secretariat for Economic Affairs releases Swiss GDP data for the second quarter. Economists forecast the economy to grow 0.4 percent sequentially, slightly slower than the 0.5 percent increase in the first quarter.
At 3.15 am ET, S&P Global releases Spain's services Purchasing Managers' survey results. Economists expect the index to fall to 52.9 in August from 53.8 in the previous month.
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Business News
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.