03.07.202004:52:00UTC+00European Economics Preview: Eurozone Final PMI Data Due

Final composite Purchasing Managers' survey data from euro area is due on Friday, headlining a busy day for the European economic news.

At 3.00 am ET, consumer and producer prices figures are due from Turkey. Inflation is expected to rise to 12.09 percent in June from 11.39 percent in May.

At 3.15 am ET, Spain's PMI data is due. Economists forecast the services PMI to climb to 45.9 in June from 27.9 in May.

At 3.45 am ET, IHS Markit releases Italy's composite PMI data.

Thereafter, final PMI figures are due from France and Germany at 3.50 and 3.55 am ET, respectively.

At 4.00 am ET, IHS Markit is slated to release euro area final PMI data. The index is forecast to rise to 47.5 in June, as initially estimated, from 31.9 in May.

Half an hour later, UK CIPS/IHS Markit composite PMI data is due. The composite index is seen at 47.6 in June, unchanged from flash estimate, versus 30.0 in May.