European Economic News Preview: Germany Foreign Trade Data Due
Foreign trade from Germany and quarterly national accounts from Switzerland are the top economic news due on Monday.
At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade figures for July. Exports are forecast to fall 1.5 percent on month, in contrast to the 0.1 percent rise in June. Meanwhile, imports are seen rising 0.5 percent after a 3.4 percent decrease.
At 3.00 am ET, GDP data is due from Switzerland. The economy is forecast to grow 0.1 percent in the second quarter after rising 0.3 percent a quarter ago.