RTTNews - Monday, no major statistical reports are slated from major European economies, except German Ifo business sentiment survey and Italian industrial orders.

At 2.00am ET, the Statistics Estonia is scheduled to issue producer prices data for the month of May. In April, producer prices had remained flat year-on-year, after rising 1.1% in March.

At 3.30am ET, a monthly consumer confidence survey results are due from the Statistics Denmark. Economists expect the sentiment index to rise to minus 2.5 in June from minus 4.7 last month.

Half an hour later, the Munich-based Ifo Institute for Economic Research is slated to release German business confidence for June. German business sentiment is seen at 85 in June, up from 84.2 in May. While, expectations is forecast to rise to 87 from 85.9 and current assessment to reach 83, up from 82.5 in May.

In the meantime, Italian industrial orders and turnover data is also due for April. Industrial orders had declined 2.7% in March from the previous month, while sales were down 0.8%.

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