Germany's PMI data is due at 3.30 am ET. Economists forecast the manufacturing PMI to rise to 48.5 from 48.1 in April, and services index to reach 50, up from 49.6 in the prior month.
The euro showed mixed trading ahead of the report. While the common currency strengthened against the dollar and the pound, it drifted weaker against the Swiss franc and held steady against the yen.
As of 3:25 am ET, the euro was trading at 1.2866 against the US dollar, 1.2507 against the Swiss franc, 0.8550 against the pound and 131.0 against the yen.
For comments and feedback: editorial@rttnews.com