RTTNews - Tuesday, major reports due for the day are British consumer prices and German ZEW survey.
At 2.00am ET, the Statistics Finland is scheduled to issue CPI data for June. In May, the CPI stood at 0.0% year-on-year in May, compared with a 0.8% increase in the previous month. On a monthly basis, the CPI had dropped 0.2% in May.
At 3.00am ET, the Czech statistical office is set to release retail sales data. Retail sales in May is expected to fall 1.5% annually compared to 2% decline in April. At the same time, the Hungarian CPI is also due. Annual inflation is expected to rise to 4.1% in June from 3.8% in May.
At 4.30am ET, British consumer prices and DCLG house prices are due. Annual inflation is seen at 1.8% in June, down from 2.2% in May. Meanwhile, monthly inflation is expected to be 0.3%. Retail prices are forecast to drop 1.6% year-on-year versus a 1.1% fall in May.
At 5.00am ET, German ZEW survey and Eurozone industrial production reports are expected. German ZEW economic sentiment is expected to rise to 47.8 in July from 44.8, while current situation is predicted to improve to minus 88 from minus 89.7.
Economists predict Eurozone industrial output to grow 1.5% in May from the prior month, while see another 17.5% annual decline.
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