Revised March quarter GDP data from the U.K. is due on Monday, headlining a light day for European economic news. All times in ET.

Major economic news released on Friday were largely negative, with the U.K.'s trade deficit swelling further while producer prices dropped unexpectedly. Elsewhere, industrial production growth slowed in Italy, while French industrial production rebounded more than expected.

At 3:00 am, the Czech Statistical Office is scheduled to release consumer price inflation figures for June. Economists expect the consumer price index to rise by 0.2% on a monthly basis and by 1.3% on an annual basis.

Inflation data for May is also due from the Romanian statistical office simultaneously. Annual inflation had risen 4.4% in April.

Trade data for May is due from the statistical office at the same time. A trade deficit of EUR 0.85 billion was recorded in the previous month.

Turkey's central bank is due to release current account data for May at 3:00 am. Economists expect the current account deficit to narrow to $3.1 billion from $4.4 billion in the prior month.

At 3:30 am, Statistics Denmark is expected to release inflation data for June. Annual inflation had risen 2.2% in May.

Revised March quarter GDP data is due from the U.K.'s Office for National Statistics at 4:30 am. Analysts expect the previous estimate of 0.3% quarterly growth to be retained.

Finally at 11:00 am, finance ministers from the 16 euro area countries are scheduled to begin a meeting, where stress tests being conducted on the region's lenders are likely to be high on the agenda.
Revised March quarter GDP data from the U.K. is due on Monday, headlining a light day for European economic news. All times in ET. (Market News Provided by RTTNews)