Factory orders and construction Purchasing Managers' survey results from Germany are due on Wednesday, headlining a busy day for the European economic news.
At 2.00 am ET, Destatis is slated to issue Germany's factory orders data. Economists expect orders to grow 3.0 percent on a monthly basis in February, reversing a drop of 11.1 percent in January.
In the meantime, UK Halifax house price data is due. House prices are forecast to rise at a pace of 1.5 percent on a yearly basis in March, following an increase of 1.3 percent in February.
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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.