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European Economics Preview: Germany Factory Orders Data Due

(RTTNews) - Factory orders data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis publishes Germany's factory orders figures. Economists forecast orders to rise 0.5 percent on a monthly basis in June, reversing a 2.2 percent fall in May.

At 3.00 am ET, industrial and construction output and foreign trade reports are due from the Czech Republic. Industrial production is expected to fall 2.6 percent on year in June, following a 3.2 percent rise in May.

Half an hour later, Sweden's industrial output and orders data is due for June. Production had advanced 1.6 percent on year in May.

In the meantime, IHS Markit is scheduled to issue Germany's construction Purchasing Managers' survey.
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