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Thursday, Eurozone economic confidence and Germany's unemployment reports are expected to dominate the newsflow.
At 3.00am ET, the Spanish statistical office is set to release the flash HICP estimate. The index is forecast to drop 1.4% on a yearly basis in July compared to 1% decline recorded in June. In the meantime, a final external trade balance report for the month of May is due from the Hungarian Central Statistical Office.
Thereafter, the National Institute of Economic Research is set to issue Swedish consumer confidence survey at 3.15am ET. The consumer confidence index is seen at minus 7 in July versus June's minus 9. Meanwhile, manufacturing confidence is expected to rise to minus 29 from minus 31 in June.
At 3.30am ET, the Statistics Denmark is scheduled to release the unemployment data for June.
Afterwards, the German Federal Labor Agency is set to report July unemployment details at 3.55am ET. The number of unemployed persons in July is forecast to rise to 43,000 in July.
At 4.00am ET, the Italian statistical office ISTAT is expected to issue hourly wages. Economists forecast an annual 2.8% growth in hourly wages.
At 5.00am ET, a monthly economic sentiment survey results are due from the European Commission. Eurozone economic sentiment is predicted to rise to 75 in July from 73.3 in June. Meanwhile, consumer sentiment is seen at minus 24, up from minus 25 last month. Economists forecast business confidence to climb to minus 2.83 in July from minus 2.97 in the prior month.
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