RTTNews - Monday, major reports due for the day are Switzerland's unemployment details and German factory orders.
At 1.45am ET, the State Secretariat for Economics Affairs or SECO is scheduled to release the Swiss jobless data for the month of May. The unemployment rate is forecast to stay stable at 3.5% in May.
At 3.00am ET, the Turkish industrial production and Czech trade balance reports are due. Turkish industrial production is expected to plunge 18% annually in April following a 20.9% decrease in March. Meanwhile, the Czech trade surplus is seen at CZK 9.5 billion in April, down from CZK 23.4 billion in March.
Thereafter, the Eurozone sentix indicator is due at 4.30am ET. Economists predict the index to rise to minus 31 in June from minus 34.3 in May.
At 6.00am ET, the Federal Ministry of Economics and Technology is slated to issue German factory orders for April. After rising 3.3% month-on-month in March, factory orders are now estimated to stay flat in April. On a yearly basis, decline is seen at 33%.
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