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Switzerland May retail sales 0.0% vs +1.3% y/y prior

ECB’s Lane: ECB must stand ready to counter any deviation in CPI

ECB’s Wunsch: If we would have to move, it would be down

European indices open little changed to start the day

BoE’s Bailey: Have to watch for inflation persistence

ECB’s Escriva: Symmetric 2% goal should remain ECB’s primary guide

Spain June manufacturing PMI 51.4 vs 50.5 expected

Heads up: Big central bank policy panel coming up later in the day

UK June Nationwide house prices -0.8% vs +0.2% m/m expected

Eurostoxx futures flat in early European trading

US officials reportedly seeking leaner trade agreements ahead of 9 July deadline

Trump hits back at Musk as the feud continues