04.08.201701:17:00UTC+00European Economics Preview: Germany Factory Orders Data Due

Factory orders data from Germany is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to release Germany's factory orders data for June. Orders are forecast to grow 0.5 percent on month in June, following a 1 percent rise in May.

At 3.00 am ET, the Czech Statistical Office releases retail sales data for June. Sales are forecast to grow 5.5 percent annually, after expanding 5.3 percent in May.

In the meantime, industrial production figures are due form Spain and Hungary. Spain's production had climbed 4.6 percent annually in May.

At 3.30 am ET, Germany's construction PMI is due for July.

At 4.00 am ET, Italy's retail sales data is due. Sales are forecast to grow 0.1 percent on month in June, reversing a 0.1 percent fall in May.