RTTNews - Monday, Germany's producer prices and British money supply are the main statistical reports expected from Europe.
At 2.00am ET, the Federal Statistical Office is set to release German producer prices details for the month of June. Producer prices are forecast to rise 0.4% month-on-month in June, after staying flat in May. Annually, the decline is seen at 4.1%.
Reports due at 3.30am ET are Dutch consumer confidence and trade balance. The trade balance in April had showed a surplus of EUR 2.4 billion.
At 4.30am ET, a preliminary report for M4 money supply is due from the Bank of England. U.K.'s M4 money supply is forecast to grow 0.4% in June, following a 0.2% growth in May. At the same time, economists expect it to rise 14.6% from the previous year.
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