For the Italian consumer price index for May, no revision is expected, leaving a 0.3 percent monthly increase and a 7.6 percent annual inflation rate, the latter down from April's final 8.2 percent.

In the Eurozone, no revision is expected to the harmonised index of consumer prices (HICP), leaving a 6.1 percent annual headline rate, down from April's final 7.0 percent, and a 5.3 percent narrow core, down from 5.6 percent.

The University of Michigan's consumer sentiment index in the first indication for June, which tumbled in May by 4.3 points to 59.2, is expected to rebound but only a little, to 60.5.

Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.

Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.